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Alexander Pepper investigates the growth of senior executive pay and the ethical questions it raises. Drawing on research into executives' own beliefs, he examines the relationship between recruitment markets, inequality and ideas of fair compensation.
The book connects theories of distributive justice with the decisions made by companies, investors and individual managers. Pepper argues that competitive pay-setting can generate outcomes that do not reflect the ethical views of the people involved. His analysis considers how responsibility for those outcomes might be understood and what different participants can do about them.