Journal of Business Ethics

, Volume 48, Issue 2, pp 189–202

A Model Capturing Ethics and Executive Compensation

  • Waymond Rodgers
  • Susana Gago

DOI: 10.1023/B:BUSI.0000004589.34756.8a

Cite this article as:
Rodgers, W. & Gago, S. Journal of Business Ethics (2003) 48: 189. doi:10.1023/B:BUSI.0000004589.34756.8a


This article develops and applies a knowledge-based framework for understanding and interpreting executive compensation under the rubric of ethical consideration. This framework classifies six major ethical considerations that reflect issues in compensation design. We emphasize that these six ethical considerations are influenced by liberty and equality concepts. This framework helps to highlight areas where executive compensation has not been well spelled out.

Copyright information

© Kluwer Academic Publishers 2003

Authors and Affiliations

  • Waymond Rodgers
    • 1
  • Susana Gago
    • 2
    • 3
  1. 1.Graduate School of ManagementUniversity of CaliforniaRiversideU.S.A.
  2. 2.Social and Law Sciences SchoolCarlos III University of Getafe (Madrid)Spain
  3. 3.University of Santiago de CompostelaSpain

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