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The incentives of senior bank managers need to be altered in order to make them more risk averse

Kershaw, David, Kirchmaier, Thomas and Schuster, Edmund (2012) The incentives of senior bank managers need to be altered in order to make them more risk averse. British Politics and Policy at LSE (17 Jul 2012) Blog Entry.

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Abstract

David Kershaw, Tom Kirchmaier and Edmund Schuster argue that we need to alter the basic incentive structures of senior managers in systemically important financial institutions. For starters, there should be no bonuses and no performance-related pay of any form.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2012 The Authors
Library of Congress subject classification: H Social Sciences > HG Finance
Sets: Departments > Law
Collections > British Politics and Policy at LSE
Research centres and groups > Financial Markets Group (FMG)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 07 Feb 2013 15:57
URL: http://eprints.lse.ac.uk/48426/

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