Discussions in Europe on variable compensation in the financial sector
Bonuses – which are often used to mitigate principal-agent problems and to encourage employees to work harder – have increased tremendously in the financial sector during the last decade, and have often been seen as a contributing factor to the financial crisis of 2008. The recent European Union (EU...
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| Format: | Working Paper |
| Language: | English |
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2014
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| Online Access: | https://hdl.handle.net/10356/103872 http://hdl.handle.net/10220/19389 |