Authors: Thank you very much for this suggestion since, indeed, the introduction was presented with scant motivation. We have corrected this issue and we have included a new paragraph based on remuneration committee and which explains the importance of including this committee for companies. Furthermore, we have included these other references to improve the introduction of the work: Code, U. G. G. (2006). Unified Good Governance Code of Listed Companies. Comisión Nacional del Mercado de Valores. Spain. Conyon, M. J., & Peck, S. I. (1998). Board control, remuneration committees, and top management compensation. Academy of management journal, 41(2), 146-157. Good Governance Code of Listed Companies (2020). Comisión Nacional del Mercado de Valores. Spain. Fama, E.F., & Jensen, M.C. (1983). Separation of ownership and control. Journal of Law and Economics, 24, 301–325. Harrison, J. R. (1987). The strategic use of corporate board committees. California Management Review, 30(1), 109-125. Khan, A., Muttakin, M. B., & Siddiqui, J. (2013). Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy. Journal of business ethics, 114(2), 207-223. Tao, N. B., & Hutchinson, M. (2013). Corporate governance and risk management: The role of risk management and compensation committees. Journal of Contemporary Accounting and Economics, 9(1), 83-99. Williamson, O. E. (1983). Credible commitments: Using hostages to support exchange. The American Economic Review, 73(4), 519–540. Zaid, M. A., Abuhijleh, S. T., & Pucheta‐Martínez, M. C. (2020). Ownership structure, stakeholder engagement, and corporate social responsibility policies: The moderating effect of board independence. Corporate Social Responsibility and Environmental Management, 27(3), 1344-1360. -We have justified the need to extend the literature focused on the compensation committees and the disclsoure of CSR information due to the scarce existence of previous literature in recent years.
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