Performance Principle and Organizational Compensation Practice in the Context of the Global Financial Crisis: A Discourse-analytical Study

Ronald Hartz; Gabriele Fassauer

doi:10.5771/0935-9915-2013-1-30

Contents
- Chapter Expand | CollapseAuthorsPage
- 1–4 Titelei/Inhaltsverzeichnis 1–4
- 5–11 Societal Prerequisites and Consequences of Human Resource Management Werner Nienhueser Werner Nienhueser 5–11
- 12–29 Embedded Flexibility Strategies and Diversity within National Institutional Frameworks: How many Flexibility Profiles are in the German Model? Stefan Kirchner Stefan Kirchner 12–29
- 30–52 Performance Principle and Organizational Compensation Practice in the Context of the Global Financial Crisis: A Discourse-analytical Study Ronald Hartz, Gabriele Fassauer Ronald Hartz, Gabriele Fassauer 30–52
- 53–70 Corporate Dieting. Persuasive Use of Metaphors in Downsizing Heiko Hoßfeld Heiko Hoßfeld 53–70
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mrev management revue , page 30 - 52

Performance Principle and Organizational Compensation Practice in the Context of the Global Financial Crisis: A Discourse-analytical Study

Autoren

Ronald Hartz Gabriele Fassauer

DOI
- doi.org/10.5771/0935-9915-2013-1-30
- ISSN: 0935-9915
- ISSN online: 1861-9908
Abstract

Criticism of the compensation practice of bonus payments was a key element of the public debate concerning the causes and consequences of the global financial crisis (GFC). Along with the criticism of bonuses in the financial and banking sector, the validity of the performance principle as a normative pillar of the economic order was also called into question. Based on the discourse contained in the Frankfurter Allgemeine Zeitung, the following study reconstructs the topoi of criticism and justification as problematizations of a ‘bonus culture’, with corresponding reference to the performance principle as a ‘discursive resource’. In this way the aim is to make a general contribution to the understanding of the social embedding of organizational practices that becomes evident in times of crisis, while at the same time furthering the debate on the normative validity of the performance principle.
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