You are not logged in.

Shame sanctions and excessive CEO pay

Gopalan, Sandeep 2007, Shame sanctions and excessive CEO pay, Delaware journal of corporate law, vol. 32, pp. 758-796.

Attached Files
Name Description MIMEType Size Downloads

Title Shame sanctions and excessive CEO pay
Author(s) Gopalan, Sandeep
Journal name Delaware journal of corporate law
Volume number 32
Start page 758
End page 796
Total pages 39
Publisher Widener University
Place of publication Dayton, Ohio
Publication date 2007
ISSN 0364-9490
1943-7331
Summary The debate over excessive CEO compensation has roiled scholars,corporations, and the government for some time. This article suggests that there is an alternate way of attacking the problem of excessive executive pay—one that sidesteps the law and instead appeals to executives' emotions. Shame sanctions, as they are called, offer a nonlegal route to curbing exorbitant CEO compensation. This article argues that increased disclosure of executives' compensation agreements will trigger emotions like shame, guilt and embarrassment by corporations and executives. This in turn has the potential to influence financial behavior and cause corporations to be more likely to heed the concerns of the public and shareholders vis-à-vis executive pay.
Language eng
Field of Research 180199 Law not elsewhere classified
Socio Economic Objective 940499 Justice and the Law not elsewhere classified
HERDC Research category C1.1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2007, Widener University
Persistent URL http://hdl.handle.net/10536/DRO/DU:30078374

Document type: Journal Article
Collection: Law
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 74 Abstract Views, 1 File Downloads  -  Detailed Statistics
Created: Fri, 18 Sep 2015, 14:52:58 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.