Getting executives to do the right thing

19 January 2020 - 00:00 By CHRIS BRYANT

Profits aren't the be-all and end-all of business, according to the CEOs of Coca-Cola and General Motors and other members of the Business Roundtable group of US bosses.

Their statement last year disavowing the primacy of shareholders and emphasising that businesses should be run for the benefit of all stakeholders -including customers, staff, communities and suppliers — left at least one big question unanswered: don't executives need to be incentivised to do more than just increase profit?..

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.