Journal of Business Ethics 132 (1):171-184 (2015)
Abstract |
What, if anything, is wrong with high executive compensation? Is the common “lay reaction” of indignation and moral outrage justified? In this paper, my main goal is to articulate in a more systematic and philosophical manner the egalitarian responses to these questions. In order to do so, I suggest that we take some insights from recent debates on two versions of egalitarianism: a distributive one, according to which no one should be worse off than others because of unfair distributions of goods and resources, especially ones based on matters of luck or arbitrary factors, and a relational one, which maintains that egalitarian justice requires members of a society to relate to one another as equals. Drawing on recent attempts to highlight the tricky nature of managerial authority, I argue that high inequalities in pay are not simply a distributional matter but should also be analyzed through a relational lens. I also attempt to show that relational egalitarians are well-equipped to question the now dominant “incentives” view of CEO compensation
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DOI | 10.1007/s10551-014-2312-7 |
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References found in this work BETA
Doing & Deserving; Essays in the Theory of Responsibility.Joel Feinberg - 1970 - Princeton: Princeton University Press.
The Political Perspective of Corporate Social Responsibility: A Critical Research Agenda.Glen Whelan - 2012 - Business Ethics Quarterly 22 (4):709-737.
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Citations of this work BETA
Democratic Patterns of Interaction as a Norm for the Workplace.Roberto Frega - 2020 - Journal of Social Philosophy 51 (1):27-53.
Rethinking the Very Idea of Egalitarian Markets and Corporations: Why Relationships Might Matter More Than Distribution.Pierre-Yves Néron - 2015 - Business Ethics Quarterly 25 (1):93-124.
She’-E-O Compensation Gap: A Role Congruity View.Joyce C. Wang, Lívia Markóczy, Sunny Li Sun & Mike W. Peng - 2019 - Journal of Business Ethics 159 (3):745-760.
Run for Your Life: The Ethics of Behavioral Tracking in Insurance.Etye Steinberg - 2022 - Journal of Business Ethics 179 (3):665-682.
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