Executive compensation and distributive justice

© Springer Science+Business Media B.V. 2013. All rights are reserved. From the 1990s onwards, the rise of executive pay is remarkable and clearly linked to the introduction of the agency model into the analysis of the role of managers. We point out that this need not be the only possible role model for managers and demonstrate that executive pay is not closely linked to performance. This is, from a distributive justice point of view, the main reason for public outrage against executive pay. Several studies indicate that unjust pay can also create havoc in the workplace. Unjust pay is also the feeding ground for political action against unlimited pay packages.

ISBN:9789400714939

Jaar van publicatie:2013