Perceived unfairness in CEO compensation and work morale
AbstractCEO compensation that is perceived to be excessive regularly causes agitation in the population. Using German data, we show that perceiving CEO pay to be unfair has economic repercussions in terms of lower work morale.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 110 (2011)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/locate/ecolet
Fairness Social comparisons Work morale;
Other versions of this item:
- Cornelissen, Thomas & Himmler, Oliver & Koenig, Tobias, 2009. "Perceived Unfairness in CEO Compensation and Work Morale," Diskussionspapiere der Wirtschaftswissenschaftlichen FakultÃ¤t der Leibniz UniversitÃ¤t Hannover dp-435, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
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