Promoting Bank Stability through Compensation Reform: Lessons from Iceland

This article argues that the program of compensation reform at financial institutions – despite recent wide-ranging changes – remains incomplete. A considerable body of theoretical and empirical research has been developed which, for the most part, suggests that compensation incentives embedded in c...

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Bibliographic Details
Main Authors: Jay Cullen, Guðrún Johnsen
Format: Article
Language:English
Published: University of Iceland 2015-12-01
Series:Stjórnmál og Stjórnsýsla
Subjects:
Online Access:http://www.irpa.is/article/view/2094