Abstract

The issue of sustainable corporate governance is primarily of a terminological nature, as the concept of sustainability remains inadequately defined in the definitions provided by both national and European legislation. This results in the difficulty of assessing the compatibility of this concept with the equally complex notion of social and corporate interest. Beginning with an examination of the legal nature of the relationship that governs the actions of the corporate body, the paper explores whether there exists a duty for directors to pursue sustainability objectives, as well as the role played, in this regard, by the system of variable compensation tied to the achievement of goals that may (apparently) differ from the company’s interest