The use of non-financial performance metrics in determining directors’ remuneration : the case of listed companies in South Africa
| dc.contributor.author | Matemane, Reon | |
| dc.contributor.author | Moloi, Tankiso | |
| dc.contributor.author | Adelowotan, Michael | |
| dc.contributor.author | Biswas, Pallab Kumar | |
| dc.contributor.email | reon.matemane@up.ac.za | en_US |
| dc.date.accessioned | 2024-03-04T10:44:40Z | |
| dc.date.available | 2024-03-04T10:44:40Z | |
| dc.date.issued | 2023-09 | |
| dc.description.abstract | Despite the increasing importance of environmental, social and governance (ESG) factors, it is not fully understood whether companies consider these factors when designing compensation plans for their directors. This study investigated the extent to which directors’ remuneration integrates ESG factors. The study sample is made up of JSE-listed companies for the period 2015 to 2021. The estimated generalised least squares regression technique was used to analyse the data. The results show the shift towards the integration of ESG factors in directors’ compensation plans. It should be established which ESG factors are pertinent in the South African context. | en_US |
| dc.description.department | Financial Management | en_US |
| dc.description.librarian | am2024 | en_US |
| dc.description.sdg | SDG-08:Decent work and economic growth | en_US |
| dc.description.sponsorship | The PhD study from which this article emanates was funded by the National Research Foundation (NRF). | en_US |
| dc.description.uri | http://ajobe.journals.ac.za/pub | en_US |
| dc.identifier.citation | Matemane, R., Moloi, T., Adelowotan, M. et al. 2023, 'The use of non-financial performance metrics in determining directors’ remuneration : the case of listed companies in South Africa', African Journal of Business Ethics, vol. 17, no. 1, pp. 22-44. DOI : 10.15249/17-1-301 | en_US |
| dc.identifier.issn | 1817-7417 (print) | |
| dc.identifier.issn | 0976-3600 (online) | |
| dc.identifier.other | 10.15249/17-1-301 | |
| dc.identifier.uri | http://hdl.handle.net/2263/95059 | |
| dc.language.iso | en | en_US |
| dc.publisher | Medknow Publications | en_US |
| dc.rights | © 2023 Matemane et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License. | en_US |
| dc.subject | Executive compensation | en_US |
| dc.subject | Financial metrics | en_US |
| dc.subject | Non-financial metrics | en_US |
| dc.subject | Environmental, social and governance (ESG) | en_US |
| dc.subject | Johannesburg Stock Exchange (JSE) | en_US |
| dc.subject | South Africa (SA) | en_US |
| dc.subject | SDG-08: Decent work and economic growth | en_US |
| dc.title | The use of non-financial performance metrics in determining directors’ remuneration : the case of listed companies in South Africa | en_US |
| dc.type | Article | en_US |