Corporate commitment to sustainability : is it all hot air? An Australian review of the linkage between executive pay and sustainable performance
Data(s) |
2012
|
---|---|
Resumo |
Across time, companies have increasingly made public commitments to sustainable development and to reducing their impacts on climate change. Management remuneration plans (MRPs) are a key mechanism to motivate managers to achieve corporate goals. We review the MRPs negotiated with key management personnel in a sample of large Australian carbon-intensive companies. Our results show that, as in past decades, the companies in our sample have MRPs in place that continue to fixate on financial performance. We argue that this provides evidence of a disconnection, or ‘decoupling’, between the sustainability-related rhetoric of the sample companies, and their ‘real’ organisational practices and priorities. |
Identificador | |
Publicador |
John Wiley & Sons, Inc |
Relação |
DOI:10.1111/j.1835-2561.2012.00177.x Deegan, Craig & Islam, Muhammad Azizul (2012) Corporate commitment to sustainability : is it all hot air? An Australian review of the linkage between executive pay and sustainable performance. Australian Accounting Review, 22(4), pp. 384-397. |
Direitos |
Copyright 2012 CPA Australia |
Fonte |
QUT Business School; School of Accountancy |
Palavras-Chave | #150000 COMMERCE MANAGEMENT TOURISM AND SERVICES #Corporate commitment #Sustainable performance #Executive Pay |
Tipo |
Journal Article |