How does ethics apply to this case? What factors might contribute to what some perceive as unethical behavior concerning CEO pay?

Fundamentals of Human Resource Management
Robert N. Lussier; John R. Hendon

CASE 13.1 CEO COMPENSATION: DO THEY DESERVE ROCK STAR PAY?

Whether you agree or disagree with the fairness of CEO pay, CEOs make as much in 1 day as the average worker makes in 1 year.

Questions
How does ethics apply to this case?
What factors might contribute to what some perceive as unethical behavior concerning CEO pay?
What are the differing ethical approaches, and how might they apply to this case?
How might the issue of CEO compensation be dealt with in a firm’s code of ethics?
How might the issue of CEO compensation be used by a firm to create and maintain an ethical organization?
What is your own opinion about CEO compensation? Provide facts and arguments supporting your position from this case.

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