Arbeitspapier
The public perception and normative valuation of executive compensation: An international comparison
This paper describes individuals' perceptions and normative valuations of executive compensation using comparable survey data for fifteen OECD member countries. An overwhelming majority of individuals (more than 90%) believes that top executives earn more than they actually deserve. However, there is also substantial variation in the actual and ethical levels of executive compensation, both within and across countries. The empirical analysis further shows that subjective estimates of executive pay are associated with objective measures of inequality and redistribution, and that individuals' perceptions and normative valuations of executive compensation are associated with their more general political preferences.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 5319
- Klassifikation
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Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Wage Level and Structure; Wage Differentials
- Thema
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executive compensation
subjective wage estimates
political preferences
- Ereignis
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Geistige Schöpfung
- (wer)
-
Kuhn, Andreas
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
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2010
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kuhn, Andreas
- Institute for the Study of Labor (IZA)
Entstanden
- 2010