Article

Executive Compensation: Unjust or Just Right?

John R. Boatright

in The Oxford Handbook of Business Ethics

Published in print December 2009 | ISBN: 9780195307955
Published online January 2010 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195307955.003.0007

Series: Oxford Handbooks

 Executive Compensation: Unjust or Just Right?

More Like This

Show all results sharing these subjects:

  • Philosophy
  • Social and Political Philosophy

GO

Show Summary Details

Preview

This article examines executive compensation in the context of business ethics. It argues that high levels of executive compensation can be justified in a free market capitalist system if certain conditions are met. The conditions include that the bargaining between a chief executive officer and shareholders do not involve fraud or a breach of fiduciary duty. This article explains that some form of capitalism is morally justified and consequently both the principles of compensation in a free market and the patterns of distribution of income and wealth produced by the market are just.

Keywords: executive compensation; business ethics; free market capitalist system; chief executive officer; fraud; fiduciary duty

Article.  21283 words. 

Subjects: Philosophy ; Social and Political Philosophy

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.