首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Sustainability Targets in Executive Remuneration: Targets,Time Frame,Country and Sector Specification
Authors:Karen Maas  Sanne Rosendaal
Institution:1. Erasmus University Rotterdam, Department of Business Economics, Erasmus School of Economics, Rotterdam, The Netherlands;2. ING, The Netherlands
Abstract:Existing remuneration plans for CEOs still mainly focus on financial performance and do not necessarily promote sustainable value creation for their firms. By way of reaction to this, a growing number of academics and practitioners are acknowledging the need for the inclusion of sustainability targets in executive remuneration. This study examines the current status of the use of sustainability targets in executive remuneration specified by country, sector and targets. Based on a sample of 490 listed firms from 11 countries and different sectors, the use of targets related to sustainability in executive remuneration is assessed. The targets are specified by kind of target (short term and long term) and content of target (environmental, social or a combination of both). The results of this study show that (a) in 2010 on average 33% of the firms used sustainability targets in remuneration, (b) mainly the ‘dirty’ industries use targets, (c) the targets used are mainly short‐term targets and (d) they focus on social issues. Copyright © 2015 John Wiley & Sons, Ltd and ERP Environment
Keywords:sustainability targets  executive remuneration  corporate social responsibility  corporate social performance
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号