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 unjust has economic repercussions in terms of lower work morale.
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Bibliographic InfoPaper provided by Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät in its series Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover with number dp-435.
Length: 5 pages
Date of creation: Dec 2009
Date of revision:
Fairness; Social Comparisons; Work Morale;
Other versions of this item:
- Cornelißen, T. & Himmler, O. & Koenig, T., 2011. "Perceived unfairness in CEO compensation and work morale," Economics Letters, Elsevier, vol. 110(1), pages 45-48, January.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-12-11 (All new papers)
- NEP-BEC-2009-12-11 (Business Economics)
- NEP-LAB-2009-12-11 (Labour Economics)
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