A Model Capturing Ethics and Executive Compensation

Journal of Business Ethics · 2003 · Volume 48 · Issue 2

Abstract

This article develops and applies a knowledge-based framework for understanding and interpreting executive compensation under the rubric of ethical consideration. This framework classifies six major ethical considerations that reflect issues in compensation design. We emphasize that these six ethical considerations are influenced bylibertyandequalityconcepts. This framework helps to highlight areas where executive compensation has not been well spelled out.

Keywords

Economic Growth, Ethical Consideration, Executive Compensation, Model Capture, Equality Concept

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