Bonuses for Managers: Simply Making a Profit is Not Enough – Economics

Large investors are urging companies around the world to tie executive salaries more closely to good management – and not just to economic success such as high profits or rising share prices, but also to social criteria, environmental protection and sustainability. 77 percent of the listed companies observed worldwide only pay their top managers part of their salaries if the companies meet ESG criteria, i.e. those from the areas of environment (environmental), social (social) and responsible corporate management (governance). That’s nine percentage points up from the previous year, according to a new study by consulting firm Willis Towers Watson (WTW). SZ available in advance.