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  1. An ethical perspective on CEO compensation.Mel Perel - 2003 - Journal of Business Ethics 48 (4):381-391.
    The controversial issue of whether Chief Executive Officer (CEO) compensation is excessive or appropriate is examined in terms of two competing claims: that CEOs are overpaid for the value they provide to an enterprise, and that CEO compensation is inherently equitable. Various arguments and perspectives on both sides of the issue are assessed. Little evidence supports the claim that CEO performance justifies very high compensation. Further, the complex interactive alliance between boards of directors and CEOs compromises rational decision-making about CEO (...)
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  • Executive compensation: Excessive or equitable? [REVIEW]Donald Nichols & Chandra Subramaniam - 2001 - Journal of Business Ethics 29 (4):339 - 351.
    The eighties and nineties have seen much debate about CEO compensation. Critics of CEO compensation support their contention of excessive and inequitable CEO pay based on a number of factors and premises. This paper examines the validity of these arguments. We show why many of these arguments fail to persuade, in part, because they attempt to determine propriety of CEO pay without having a definitive standard for comparison. Arguments based on comparisons between CEO pay and the pay of other individuals (...)
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  • Does 'best practice' in setting executive pay in the UK encourage 'good' behaviour?Ruth Bender & Lance Moir - 2006 - Journal of Business Ethics 67 (1):75 - 91.
    We examine how UK listed companies set executive pay, reviewing the implications of following best practice in corporate governance and examining how this can conflict with what shareholders and other stakeholders might perceive as good behaviour. We do this by considering current governance regulation in the light of interviews with protagonists in the debate, setting out the dilemmas faced by remuneration-setters, and showing how the processes they follow can lead to ethical conflicts.Current ‘best’ practice governing executive pay includes the use (...)
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  • How Powerful CFOs Camouflage and Exploit Equity-Based Incentive Compensation.Denton Collins, Gary Fleischman, Stacey Kaden & Juan Manuel Sanchez - 2018 - Journal of Business Ethics 153 (2):591-613.
    While numerous studies have examined the impact that powerful CEOs have on their compensation and overall firm decisions, relatively little is known about how powerful CFOs influence their compensation and important firm financial reporting and operational outcomes. This is somewhat surprising given the critical role CFOs play in the financial reporting process of a firm. Using managerial power theory and the theory of power and self-focus :635–658, 2013), we predict that powerful CFOs employ a two-part strategy to camouflage excessive incentive (...)
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  • Does ‘Best Practice’ in Setting Executive Pay in the Uk Encourage ‘Good’ Behaviour?Ruth Bender & Lance Moir - 2005 - Proceedings of the International Association for Business and Society 16:219-224.
    We examine how UK listed companies set executive pay, considering the implications of following best practice in corporate governance and how this canconflict with what stakeholders might perceive as good behaviour. We do this by presenting the results of 40 interviews with protagonists in the debate, setting out the dilemmas faced by remuneration-setters, and how the processes they follow can lead to ethical conflicts. Overall, we conclude that although best practice might drive good behaviour, it often does not.
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  • Does ‘Best Practice’ in Setting Executive Pay in the UK Encourage ‘Good’ Behaviour?Ruth Bender & Lance Moir - 2006 - Journal of Business Ethics 67 (1):75-91.
    We examine how UK listed companies set executive pay, reviewing the implications of following best practice in corporate governance and examining how this can conflict with what shareholders and other stakeholders might perceive as good behaviour. We do this by considering current governance regulation in the light of interviews with protagonists in the debate, setting out the dilemmas faced by remuneration-setters, and showing how the processes they follow can lead to ethical conflicts. Current 'best' practice governing executive pay includes the (...)
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  • The Role of Power in Financial Statement Fraud Schemes.Chad Albrecht, Daniel Holland, Ricardo Malagueño, Simon Dolan & Shay Tzafrir - 2015 - Journal of Business Ethics 131 (4):803-813.
    In this paper, we investigate a large-scale financial statement fraud to better understand the process by which individuals are recruited to participate in financial statement fraud schemes. The case reveals that perpetrators often use power to recruit others to participate in fraudulent acts. To illustrate how power is used, we propose a model, based upon the classical French and Raven taxonomy of power, that explains how one individual influences another individual to participate in financial statement fraud. We also provide propositions (...)
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