Title
Fairness of CEO Compensation: A MultiFaceted and MultiCultural Framework to Structure Executive Pay (Contributions to Manageme,Used
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Executive compensation and its fairness to stakeholders are topics of heated debate on platforms ranging from news forums to financial markets. This book stimulates critical thinking on executive compensation and guides academics and practitioners on the key concepts by developing a multifaceted and multicultural framework. It also presents the new Fair CEO Compensation, which uses a scientifically developed and structured stakeholderbased approach to reach optimal and fair CEO compensation, without capping bonuses or variable pay by rules and regulations. Financial, nonfinancial, organizational, strategic, cultural, personal, and social aspects are all taken into account in the framework.In addition to implementation guidelines and realworld examples, the book presents a checklist for businesses to measure the fairness of their CEO compensation based on the suggested framework. Moreover, the author also provides a survey template to help businesses investigate their employees perception of the fairness of their CEOs compensation.
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