Read the attached article related to sustainability targets. Some companies are tying management compensation to progress on
Question:
Read the attached article related to sustainability targets. Some companies are tying management compensation to progress on environmental, social, and governance (ESG) goals. While the article focuses on executive compenstation and ESG issues, reference also is made to capital budgeting (our topic this week).
After reading the article, start a discussion post and comment on each of the following:
Do you think that including goals related to environmental, social and governance (ESG) as the basis for awarding stock compensation or bonuses is appropriate? Explain your answer.
Summarize the process for capital budgeting decisions as you understand them. Specifically, what factors are used in capital budgeting systems to access potential projects?
According to the article, for what types of ESG-related capital projects does candy maker Mars Inc. adjust its profitability requirements?
Strategic Compensation A Human Resource Management Approach
ISBN: 978-0133802023
8th edition
Authors: Joseph J. Martocchio