Compensation based on share price development? This is contrary to all sensible pay schemes and one of the main contributing factors to excessive executive pay. Maybe this works in the confines of a small investment boutique but even there it is not clear what the scheme could do to improve the performance produced for investment clients.
Excessive focus on individual performance is inherently dangerous, says Barry Olliff | City A.M.
Last week, the SEC approved a proposed rule change by the National
Securities Clearing Corporation (NSCC) that establishes an operating and
clearing schedu...
5 days ago
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