Toward Professional Ethics in Business_2256.docx - an illusion In fact a large proportion of net returns will be redistributed to the staff and CEO

Toward Professional Ethics in Business_2256.docx - an...

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an illusion. In fact, a large proportion of net returns will be redistributed to the staff and CEO according to a system of precommitted variable claims.16 In modern corporations, many resources, bonuses and incentives are contingent upon performance (Lawler 1990). Pay in the form of stocks and stock options for CEOs and top executives is almost standard in today’s corporate world. Start-ups in high-tech industries also use stock options to compensate
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  • Fall '10
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