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Considered one of the justice theories, equity theory was first developed in the 1960s by J. Stacey Adams, a workplace and behavioral psychologist, who asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the perceived inputs and outcomes of others. [2]
Often the family will lend a portion of the money to the employee for the investment, known as a leveraged co-investment. So an employee may put $100,000 into an investment, borrow another ...
Intergenerational equity in economic, psychological, and sociological contexts, is the idea of fairness or justice between generations. The concept can be applied to fairness in dynamics between children , youth , adults , and seniors .
Equity, or economic equality, is the construct, concept or idea of fairness in economics and justice in the distribution of wealth, resources, and taxation within a society. . Equity is closely tied to taxation policies, welfare economics, and the discussions of public finance, influencing how resources are allocated among different segments of the populati
Following the murder of George Floyd in 2020, some companies made substantial commitments to racial equity by establishing dedicated diversity, equity, and inclusion teams. [62] In early 2024, the Washington Post reported that there is a trend in corporate America to reduce DEI positions and delegate the work to external consultants. [ 62 ]
Play equity is the concept of ensuring all children have equitable access to play opportunities, sports programs and healthy movement. Youth sports, as well as structured and unstructured play, can contribute to the physical, emotional, social and academic development of young people. [ 1 ]
[42] [43] Social equity is about equality of outcomes for each groups, while egalitarianism generally advocates for equality of opportunity, recognizing that a fair society should provide all members with the same opportunities while recognizing that different outcomes are expected due to human individuality. [44]
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