Egalitarianism and Executive Compensation: A Relational Argument

Verfasser / Beitragende:
[Pierre-Yves Néron]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 132/1(2015-11-01), 171-184
Format:
Artikel (online)
ID: 605486247
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100 1 |a Néron  |D Pierre-Yves  |u Department of Ethics and Philosophy, Université Catholique de Lille, Lille, France  |4 aut 
245 1 0 |a Egalitarianism and Executive Compensation: A Relational Argument  |h [Elektronische Daten]  |c [Pierre-Yves Néron] 
520 3 |a 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. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a Executive compensation  |2 nationallicence 
690 7 |a Egalitarianism  |2 nationallicence 
690 7 |a Justice  |2 nationallicence 
690 7 |a Business organizations (normative analysis of)  |2 nationallicence 
690 7 |a Managerial authority  |2 nationallicence 
690 7 |a Relational equality  |2 nationallicence 
773 0 |t Journal of Business Ethics  |d Springer Netherlands  |g 132/1(2015-11-01), 171-184  |x 0167-4544  |q 132:1<171  |1 2015  |2 132  |o 10551 
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950 |B NATIONALLICENCE  |P 100  |E 1-  |a Néron  |D Pierre-Yves  |u Department of Ethics and Philosophy, Université Catholique de Lille, Lille, France  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 132/1(2015-11-01), 171-184  |x 0167-4544  |q 132:1<171  |1 2015  |2 132  |o 10551