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Directors' remuneration: The need for a geo‐political perspective

Nada K. Kakabadse (Professor in Management and Business Research, Northampton Business School, University College Northampton Park Campus, Northampton, UK)
Andrew Kakabadse (Professor of International Management Development, Cranfield School of Management, Cranfield, Beds, UK)
Alexander Kouzmin (Professor in Management, Graduate College of Management, Southern Cross University, Tweed Heads, NSW, Australia)

Personnel Review

ISSN: 0048-3486

Publication date: 1 October 2004

Abstract

There are many ways to construct an incentive program. However, most compensation plans tend to be focused on profitability and profitability‐related accomplishments with little or no incentive for corporate social responsibility. Director's compensation continues to climb with the United States leading and Britain following modestly behind. The question as to where fair pay ends and over‐compensation begins – and what that means for the community – is rarely raised. In order to understand the impact of fair and over‐compensated director's pay on other stakeholders, a geo‐political perspective is proposed that builds on knowledge of existing theories of the firm.

Keywords

Citation

Kakabadse, N.K., Kakabadse, A. and Kouzmin, A. (2004), "Directors' remuneration: The need for a geo‐political perspective", Personnel Review, Vol. 33 No. 5, pp. 561-582. https://doi.org/10.1108/00483480410550161

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited