企业高管高薪是应得的还是对企业的窃取[文献翻译].docVIP

外文题目：Exorbitant CEO compensation: just reward or grand theft 出 处：Springer Science + Business Media B.V. 2008 作 者：David O. Friedrichs 原 文 ： Exorbitant CEO compensation: just reward or grand theft The failure of society to criminalize policies and practices of powerful organizations and individuals that are demonstrably harmful has been a central theme of the white collar crime literature since Sutherland. In recent years muchcommentary and criticism has been directed at vastly exorbitant compensationpackages awarded to CEOs of major corporations and other major institutions.Although some criminal prosecutions have been pursued on the basis of allegations of fraud in relation to CEO compensation (e.g., the Dennis Kozlowski/Tyco case andthe Conrad Black/Hollinger case), and some civil lawsuits demanding repayment of unjustifiably large CEO compensation have been initiated (e.g., the Richard Grasso/New York StockExchange case), most typically exorbitant CEO compensation packages result in neither criminal indictments nor civil lawsuits. This article explores the status of exorbitant CEO compensation as a criminological phenomenon, beginning with a typology of different views on such compensation. The contemporary scope of disproportionate compensation is reviewed, with the exponential increase in the gaps between the compensation of CEOs and those below them documented. Someof the different mechanisms along a continuum of legal to illegal for providing exorbitant CEO compensation are identified. Why is the awarding of exorbitant CEO compensation typically legal? What specific forms of harm arise from awarding exorbitant CEO compensation? Why do Corporate Board Compensation Committees award exorbitant CEO compensation? Indeed, what are the specifically criminogenic dimensions of Corporate Board decision-making that contribute to this process? Whatarguments can be advanced in favor of criminalizing exorbi