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    The Legitimacy of CEO Pay: The Discourse of Telecom, the Media and the Public (2011)

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    Type of Content
    Discussion / Working Papers
    UC Permalink
    http://hdl.handle.net/10092/6219
    
    Publisher
    University of Canterbury. Department of Accounting and Information Systems
    Collections
    • Business: Working Papers [225]
    Authors
    Tan, V.
    Crombie, N.A.
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    Abstract

    This paper investigates how Telecom Corporation of New Zealand Ltd (Telecom) managed its legitimacy after announcing the Chief Executive Officer’s (CEO’s) pay in 2009 as well as the media’s and public’s reaction to Telecom’s announcement. The findings show that Telecom, the media and the public use the same remuneration logics to justify their positions. These remuneration logics are used to both justify and criticise Telecom’s CEO’s pay, although the media’s and public’s arguments are often unsophisticated and focus on the absolute level of CEO pay. Telecom is able to maintain its legitimacy through the use of well-structured, sophisticated arguments.

    Citation
    Tan, V., Crombie, N.A. (2011) The Legitimacy of CEO Pay: The Discourse of Telecom, the Media and the Public. 51pp.
    This citation is automatically generated and may be unreliable. Use as a guide only.
    Keywords
    executive remuneration; legitimacy theory; content analysis
    ANZSRC Fields of Research
    15 - Commerce, Management, Tourism and Services::1503 - Business and Management::150303 - Corporate Governance and Stakeholder Engagement
    14 - Economics::1402 - Applied Economics::140211 - Labour Economics
    Rights
    https://hdl.handle.net/10092/17651

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