Is there a need to link executive pay to corporate purpose?
Written
02.11.2023
Author
Gaizka Ormazabal IESE Business School
Source
ECGI European Corporate Governance Institute
Social
On October 19, 2023, ECGI shared a blog discussing whether or not there should be a link between executive pay to corporate purpose. This blog shares statistics collected through surveys, proposes several potential reasons for companies to base executive compensation arrangements on ESG metrics and explores the potential consequences of the implementation of ESG Pay.