A comparison of the association between corporate social responsibility and executive compensation: United States versus Canada

Authors

Linda Thorne, York University, Toronto
Lois S. Mahoney, Eastern Michigan UniversityFollow
Donna Bobek

Document Type

Book Chapter

Publication Date

2010

Department

Accounting and Finance

Abstract

With today's technology, real estate professionals can easily use Monte Carlo simulation as a tool to quantify the inherent uncertainties surrounding many of the estimates used to model long-term real estate investment decisions. How current software can formally model and analyze many of the risks involved with long-term investment decisions is demonstrated step-by-step. Three discounted cash flow models are developed to value the future cash flows associated with income-producing property: a deterministic model, sensitivity analysis and a probabilistic model. The success of any decision model depends on the reliability of the underlying inputs.

WorldCat Link

http://www.worldcat.org/oclc/863504953

Citation

Thorne, L., Mahoney, L. S., & Bobek, D. (2010). A comparison of the association between corporate social responsibility and executive compensation: United States versus Canada. In C. Jeffrey (Ed.), Research on professional responsibility and ethics in accounting (Vol. 14, pp. 37–56). Bingley, U.K: Emerald. doi:10.1108/S1574-0765%282010%290000014006