Legitimacy of Executive Compensation Plans: A Preliminary Study of French Laypersons’ Acceptability

Drawing on corporate social responsibility (CSR) theory we investigated laypersons acceptability of senior executive compensation plans. We identified base salary, performance related bonus, fringe benefits, pension plans and compensation protection as relevant factors of compensation plans. The method was an application of information integration theory (llT). Results are that high acceptability is a consequence of a low base salary in the optimal context provided by the other factors. Performance based [...]

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