Should we pay for their goldfish ponds? Managerial compensation – a signal of firms’ values | FEB blog by Jana Oehmichen
About one year ago, the German business press reported that a large German company, while struggling with corporate scandals and layoffs, paid 60.000 EUR for a new heating system of the koi carp pond in their CEO’s home (a company villa for which he paid a very low rent). Why do we perceive such a pay arrangement as disturbing?
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| Last modified: | 29 February 2024 10.02 a.m. |
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