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Feature

Remuneration: it's payback time

Author: David Benyon

Source: Operational Risk & Regulation | 01 Mar 2010

Categories: Operational Risk

Topics: Europe, Financial Services Authority (FSA), Banks, Basel Committee on Banking Supervision (BCBS), Compensation, Corporate governance, Financial Stability Board (FSB)

Psychologists have long been occupied by attempts to modify damaging human behaviour. It is a natural impulse to punish bad behaviour, but as a means of...

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Remuneration: it's payback time

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