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.
Yesterday, the SEC announced the formation of a new Cyber and Emerging
Technologies Unit (CETU). Its stated focus is “combatting cyber-related
misconduct.”...
2 days ago
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