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A cap on bankers’ bonuses is needed to limit excessive risk taking and the associated costs to the taxpayer

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; Online
Divisions: LSE
Subjects: H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 10 May 2013 08:20
Last Modified: 24 May 2020 23:18
URI: http://eprints.lse.ac.uk/id/eprint/50175

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