Kapoor, Sony and Lamberts, Philippe (2013) A cap on bankers’ bonuses is needed to limit excessive risk taking and the associated costs to the taxpayer. LSE European Politics and Policy (EUROPP) Blog (01 Mar 2013). Website.
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Abstract
A provisional EU agreement has been reached on the principle of capping bonuses in the European banking industry. Sony Kapoor and Philippe Lamberts present a case in favour of such a cap, arguing that the current skewed incentives faced by bankers drive excessive risk-taking, which ultimately has to be paid for by taxpayers.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/europpblog/ |
| Additional Information: | © 2013 The Authors |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HG Finance J Political Science > JN Political institutions (Europe) |
| Date Deposited: | 10 May 2013 08:20 |
| Last Modified: | 11 Dec 2024 13:12 |
| URI: | http://eprints.lse.ac.uk/id/eprint/50175 |
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