What does it take for top bosses to lose their bonuses?

Henry Belot, a Senior reporter at The Guardian specializing in corporate governance, dives into the ongoing culture of executive bonuses amidst corporate scandals. He reveals how bonuses often prioritize profits over customer welfare, citing examples from ANZ and Bupa where significant bonuses were paid despite serious misconduct. Belot also highlights the overwhelming trend of ASX200 CEOs still receiving bonuses. He discusses the potential for shareholder activism to push for meaningful change in this troubling pay culture.