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Perceived unfairness in CEO compensation and work morale

Thomas Cornelissen (), Oliver Himmler () and T. Koenig
Authors registered in the RePEc Author Service: Tobias Steffen König

Economics Letters, 2011, vol. 110, issue 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; comparisons; Work; morale (search for similar items in EconPapers)
Date: 2011
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Working Paper: Perceived Unfairness in CEO Compensation and Work Morale (2009) Downloads
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