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ID:349219
大小:51.50 KB
页数:11页
时间:2017-07-26
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1、外文题目:ExorbitantCEOcompensation:justrewardorgrandtheft出处:SpringerScience+BusinessMediaB.V.2008作者:DavidO.Friedrichs原文:ExorbitantCEOcompensation:justrewardorgrandtheftThefailureofsocietytocriminalizepoliciesandpracticesofpowerfulorganizationsandindividu
2、alsthataredemonstrablyharmfulhasbeenacentralthemeofthewhitecollarcrimeliteraturesinceSutherland.InrecentyearsmuchcommentaryandcriticismhasbeendirectedatvastlyexorbitantcompensationpackagesawardedtoCEOsofmajorcorporationsandothermajorinstitutions.Alth
3、oughsomecriminalprosecutionshavebeenpursuedonthebasisofallegationsoffraudinrelationtoCEOcompensation(e.g.,theDennisKozlowski/TycocaseandtheConradBlack/Hollingercase),andsomecivillawsuitsdemandingrepaymentofunjustifiablylargeCEOcompensationhavebeenini
4、tiated(e.g.,theRichardGrasso/NewYorkStockExchangecase),mosttypicallyexorbitantCEOcompensationpackagesresultinneithercriminalindictmentsnorcivillawsuits.ThisarticleexploresthestatusofexorbitantCEOcompensationasacriminologicalphenomenon,beginningwithat
5、ypologyofdifferentviewsonsuchcompensation.Thecontemporaryscopeofdisproportionatecompensationisreviewed,withtheexponentialincreaseinthegapsbetweenthecompensationofCEOsandthosebelowthemdocumented.Someofthedifferentmechanismsalongacontinuumoflegaltoille
6、galforprovidingexorbitantCEOcompensationareidentified.WhyistheawardingofexorbitantCEOcompensationtypicallylegal?WhatspecificformsofharmarisefromawardingexorbitantCEOcompensation?WhydoCorporateBoardCompensationCommitteesawardexorbitantCEOcompensation?
7、Indeed,whatarethespecificallycriminogenicdimensionsofCorporateBoarddecision-makingthatcontributetothisprocess?WhatargumentscanbeadvancedinfavorofcriminalizingexorbitantCEOcompensationandagainstdoingso?Whatspecificpracticalconstraintswouldhavetobeover
8、cometocriminalizetheawardingofexorbitantCEOcompensation?IfexorbitantCEOcompensationhasnotbeenaddressedtraditionallyasaformofwhitecollarcrime,whatargumentscanbeadvancedinfavorandagainstdoingsonow?ThisarticlepromotesattentiontotheexorbitantCEOcompensat
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