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John Stieber & Patrick Primeaux (1991). Economic Efficiency: A Paradigm for Business Ethics. [REVIEW]

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    The Role of Ethics in Executive Compensation: Toward a Contractarian Interpretation of the Neoclassical Theory of Managerial Renumeration. [REVIEW]Linda L. Carr & Moosa Valinezhad - 1994 - Journal of Business Ethics 13 (2):81 - 93.
    The topic of Chief Executive Officer (CEO) compensation has been a focus of interest for many years. The purpose of this article is to explore the ethical dimensions of various generally accepted theories of CEO renumeration. We argue that a contractarian approach, based on the Kantian ethical framework, can be used to augment the existing contingent pay models.While the neoclassical economic model of the firm views the maximization of the shareholders'' wealth as the sole responsibility of top management, a contractarian (...)
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