PERCEPTIONS OF EXECUTIVE PAYMENT ABUSE IN PUBLIC INSTITUTIONS

In the aftermath of the financial crisis, executive compensation abuse has been deeply criticized. Thus, the actuality of research is undeniable. The article highlights the importance of learning from other institutions' past and present executive compensation abuse experiences by presenting the participants' shared experiences (having to do with executive compensation abuse) and by studying how participants perceive executive compensation abuse. The main objective of this research lies in exploring participants' shared experiences concerning executive compensation abuse, as well as their perceptions, discrepancies and unsolved questions – presented within an ample, interconnected qualitative and quantitative methodological approach. A sample of 20 individuals was chosen for the triangulation method. From the resultant triangulation six new themes derive from the interview/questionnaire questions specifically referring to executive payment abuse namely: (a) ethics means distinguishing between right and wrong, (b) perspectives of ethical behaviour, (c) types of executive payment abuse, (d) the participant's perceptions of institution and colleagues.