Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37116 
Year of Publication: 
2009
Series/Report no.: 
Diskussionsbeitrag No. 435
Publisher: 
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, Hannover
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.
Subjects: 
Fairness
Social Comparisons
Work Morale
JEL: 
A13
D63
J22
Document Type: 
Working Paper

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