Perceived unfairness in CEO compensation and work morale

Referierte Aufsätze Web of Science

Thomas Cornelißen, Oliver Himmler, Tobias Koenig

In: Economics Letters 110 (2011), 1, 45-48

Abstract

CEO 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.



Keywords: fairness, social comparisonsw, work morale
Externer Link:
http://diskussionspapiere.wiwi.uni-hannover.de/pdf_bib/dp-435.pdf

DOI:
https://doi.org/10.1016/j.econlet.2010.10.011

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