Executive Compensation - Ethical Issues in Human Resource
Year: 2022
Type: article
Abstract: Over the last few years, stakeholders and academics have been critical of executive compensation. Corporate leaders have been rewarded handsomely,with stock options being the most common type of compensation. The incentives are intended to bring managers' and stakeholders' goals closer together.Despite the fact Despite the fact that this theory promotes desirable behavior, many CEOs misuse their positions of power and engage in fraudulentactivities to enrich themselves at the expense of the corporation's stockholders. The ethics of executive compensation will be examined in this paper.The first section explains why compensation has risen to such high levels, then moves on to a consideration of dominant ethical norms attitudes heldby corporate leaders, and how these viewpoints create the setting for immoral remuneration practices. The following section examines three empiricalresearch that attempted to prove a relationship between CEO pay and corporates social responsibility. Finally, possible remedies to these issues areoffered, as well as last thoughts.
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4288071007