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Perceived Unfairness in CEO Compensation and Work Morale

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

Hannover Economic Papers (HEP) from Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

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 unjust has economic repercussions in terms of lower work morale.

Keywords: Fairness; Social Comparisons; Work Morale (search for similar items in EconPapers)
JEL-codes: A13 D63 J22 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2009-12
New Economics Papers: this item is included in nep-bec and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://diskussionspapiere.wiwi.uni-hannover.de/pdf_bib/dp-435.pdf (application/pdf)

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Journal Article: Perceived unfairness in CEO compensation and work morale (2011) Downloads
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