Are we falling asleep at the switch, again? Some propositions for executive compensation

摘要

During the financial crisis in 2008, executive compensation became focal to one of the key constituents of the systemic risk that led to the financial meltdown. This conceptual paper aims at providing ground for discussion on the viability of executive compensation within the larger stake of the financial institutions and whether its reform may be necessary. Developed over five possible propositions that empower the dialogue towards a resolute perspective and supported by five scholars who derive from diverse academic disciplines, this paper wants to provide a critical perspective on a sensitive and controversial topic.