“Does a better inclusion of Corporate Social Responsibility criteria in the CEO remuneration is a performance driver for the company ?” / Alban DUFUMIER / 2022

Titre : “Does a better inclusion of Corporate Social Responsibility criteria in the CEO remuneration is a performance driver for the company ?” Type de document : Mémoire Auteurs : Alban DUFUMIER, Auteur Année de publication : 2022 Importance : 33 p. Note générale : Pour accéder aux fichiers PDF, merci de vous identifier sur le catalogue avec cotre compte Office 365 via le bouton CONNEXION en haut de la page. Langues : Anglais (eng) Mots-clés : Management RESPONSABILITE SOCIALE DE L'ENTREPRISE ; REMUNERATION ; PERFORMANCE Résumé : So far, research has focused on the incentive mechanisms of executive compensation on financial targets to the point of proving its effectiveness and usefulness. It is now relevant to look at the impact that these same mechanisms could have on the company's CSR performance. In this way, an effective inclusion of the CSR objectives in the CEO compensation is an efficient mechanism for a company to reduce its environmental impacts and being long-term sustainable. In the same perspective, it is even more interesting to analyse if a better CSR integration in the CEO remuneration would also improve the financial performance of the company in a long-term perspective. Indeed, if this model is effective, it would benefit every stakeholder of the company. The CEO would have a better remuneration by achieving the CSR objectives, the employees would have better work condition and the shareholders would have higher long-term profit by respecting their employees, their customers and their planet. Globally a more developed inclusion system of these criteria would help to get away from the contradictory injunctions between financial and economic performance against the social and economic performance. But these objectives and criteria are not enough taken into account in the CEO remuneration so it cannot always improve the situation. Today, the CEO remuneration depends too much on the economic performance, so he doesn’t do anything relatively to the CSR criteria. This is the reason that pushed the Twenty CEOs to write this letter to the European Commission and this is why this subject presents real issues about the future of the corporate finance, especially of the puzzling of the executive compensation. Programme : PGE-Reims Permalink : https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=571576