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Sustainability Methodologies and Sustainability-linked Senior Management Compensation Policies: An Analysis of Relationships for Global Companies in the Healthcare and Educational Services Sectors

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  • Robert H. Sarikas
  • Elizabeth Tipton
  • Andy Fodor
  • Arsen M. Djatej

Abstract

The primary objective of this research is to examine the relationship between different forms of compensation for the board of directors/senior management and key sustainability indicators for publicly traded companies in the healthcare educational services economic sectors across the globe. This study also investigates the existence of measurable links between sustainability policies and extra-financial performance-oriented compensation for CEO, executive directors, and non-board management individuals based on ESG (environmental, social, and governance) or sustainability factors. The findings reveal a rather moderate, but important relationship between the independent and the dependent variable.

Suggested Citation

  • Robert H. Sarikas & Elizabeth Tipton & Andy Fodor & Arsen M. Djatej, 2023. "Sustainability Methodologies and Sustainability-linked Senior Management Compensation Policies: An Analysis of Relationships for Global Companies in the Healthcare and Educational Services Sectors," Environmental Management and Sustainable Development, Macrothink Institute, vol. 12(1), pages 82-109, December.
    • Handle: RePEc:mth:emsd88:v:12:y:2023:i:1:p:82-109
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    References listed on IDEAS

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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