While incentives can enhance the environmental, social and corporate governance performance of businesses, there is a risk of executives manipulating these performance metrics to obtain bonuses.
The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
Over two centuries, capitalist ethos has swung from profit-taking for the few, to a distribution of wealth to the many, and back again. Is the pendulum poised to swing once more?
Business Leadership South Africa has in the recent past assumed a stinging position against public sector corruption. Bonang Mohale explains the stance taken by the lobby group.
The amplified public concerns about executive pay that led to the cementing of reporting and disclosure into law, may start trend of voluntary disclosure among professional bodies.
Jenni Henderson, The Conversation and Josh Nicholas, The Conversation
Business Briefing: the science of business decision making
The Conversation14.3 MB(download)
Research shows paying people more can actually lead to worse decisions. Getting the best results from executives requires understanding our complex motivations
Australia’s rules on how investors engage with companies, coupled with the clout of superannuation investor groups, means there’s potential for more shareholder activism.