Employees behaving badly: how high CEO pay can encourage wider wrongdoing
Research suggests that CEO stock option schemes combined with a large pay gap can encourage and motivate lower-ranking employees to commit illegal behavior....
Juan Almandoz is a professor in the Department of Managing People in Organizations at IESE business school. His background includes experience in actuarial consulting, corporate banking, and the management of non-profit organizations. He has a joint PhD in Organizational Behavior and a Master’s in sociology from Harvard Business School/Harvard University and an MBA from Southern Methodist University’s Cox School of Business.
November 1, 2021 • by Stephen Smulowitz, Juan Almandoz in Human Resources • 6 min read
Research suggests that CEO stock option schemes combined with a large pay gap can encourage and motivate lower-ranking employees to commit illegal behavior....