Prof. Dr. Markus Scholz and Prof. Dr. Ann-Christine Schulz were asked by the Salzburger Nachrichten, among other experts, about the AUA bonuses that have since been repaid.
Prof. Dr. Ann-Christine Schulz, researcher in the field of corporate strategy at IBES of FHWien der WKW, notes that this topic is related to a traditional emotionality in topics concerning AUA. And also with the fact that for years manager salaries have been rising much more strongly than those for employees. High bonuses in times of crisis would generally entail the risk of a loss of reputation.
Prof. Dr. Markus Scholz, who conducts research at IBES on business ethics, among other things, sheds light on the business ethics aspect. He brings the term “lawful but awful” into play for contracts that are formally legal, but can cause serious social damage to the company. The decision-makers around AUA have a responsibility to correctly assess the social mood surrounding the company.
You can read the whole article here.