Equations

Model

Regressions

Equation 1

CSR TOATL

1

LnRemTot = f(CSR TOTAL, ROA, CSR * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry )

2

Lnsalaire = f(CSR TOTAL, ROA, CSR * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry)

3

LnSO = f(CSR TOTAL, ROA, CSR * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry)

Equation 2

CSR ENVIRN

1

LnRemTot = f(CSR ENV, ROA, CSR_ENV * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry)

2

Lnsalaire = f(CSR ENV, ROA, CSR_ENV * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry)

3

LnSO = f(CSR ENV, ROA, CSR_ENV * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry ),

Equation3

CSR ECONOMIC

1

LnRemTot = f(CSR ECO, ROA, CSR_ECO * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry)

2

Lnsalaire = f(CSR ECO, ROA, CSR_ECO * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry )

3

LnSO = f(CSR ECO, ROA, CSR_ECO * ROA, Leverage, Size, CEOFAMBOARD, Duality, BoardInd, CFAM, industry)