You get what you reward: Lessons from the Global Financial Crisis
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While the media and regulatory focus in the wake of the global financial crisis (GFC) has been on top-management remuneration, particularly incentives, this is not suffiecient. Incentive structures supported many of the risk-taking types of behaviour throughout the industry, not just senior-management levels. I review the evidence on the influence of incentives, generate frameworks for evaluating incentives and other reward structires, and provide questions for organisations that use incentives in their remuneration.
Deakin Business Review
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Business and Management not elsewhere classified