Max Weber is now almost generally acknowledged as the greatest social scientist ever. The genius from Heidelberg mastered all varieties of social science: economics, politics, religion and history. And he adhered to the canons of modern philosophy of science. His most famous books on religion and capitalism â€“ WEBERâ€™S THESIS â€“ are debated over and over again. For understanding globalization today, a critique of the Weber thesis is essential with available information a hundred years later than Weber. I wish to argue that Weber made a mistake in focusing upon modern capitalism as well as that his concept of legal-rational authority is ambiguous. What distinguishes the civilisations of the world now is the enforcement of the rule of law.
The main purpose of the study is to contribute to knowledge by assessing the moderating role equity in financial compensation plays on the relationship between employeesâ€™ behavior and performance of state owned universities in Ghana.Â The targeted population for the study was the 10 public universities established by an Act of Parliament and are recognized by the National Accreditation Board.Â Out of this, 7 public universities were selected using convenience sampling.Â The choice of this sampling method was based on accessibility and easy access to information to facilitate the research. In each of the sample, 15 employeesâ€™ mainly senior members both from administration and academic totalling 105 were randomly selected for the study. Â The main instrument used for collection of primary data was questionnaires and interviews whilst review of selected public universities websites, published textbooks, journals and newsletters constitute the secondary data. The instrument used for the study was tested for its reliability and fitness and the result was positive with cronbachâ€™s alpha value of 0.856. Analysis for the study was done using correlation and regression to test for the hypotheses developed.Â The results show that employeesâ€™ behaviour has high positive relationship with performance of public universities with equity in financial compensation playing a moderating role.Â The study therefore recommends the need for the Government of Ghana to continue with the full implementation of its single spine pay policy since it will ensure fairness in the public sector wage which will in turn influence employeesâ€™ behaviour positively and performance of the sector as a whole.Â Â