Perceived unfairness in CEO compensation and work morale
Thomas Cornelissen (),
Oliver Himmler () and
Authors registered in the RePEc Author Service: Tobias Steffen König
Economics Letters, 2011, vol. 110, issue 1, 45-48
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)
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Working Paper: Perceived Unfairness in CEO Compensation and Work Morale (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:110:y:2011:i:1:p:45-48
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