A Model Capturing Ethics and Executive Compensation |
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| Authors: | Waymond Rodgers Susana Gago |
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| Institution: | (1) ESSEC Business School, Paris, France;(2) Weatherhead School of Management, Case Western Reserve University, 10900 Euclid Avenue, Cleveland, OH 44106-7235, USA;(3) Aston University, Birmingham, UK |
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| Abstract: | This article develops and applies a knowledge-based framework for understanding and interpreting executive compensation under the rubric of ethical consideration. This framework classifies six major ethical considerations that reflect issues in compensation design. We emphasize that these six ethical considerations are influenced by liberty and equality concepts. This framework helps to highlight areas where executive compensation has not been well spelled out. |
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