Open AccessCompensating the Crashers
Author(s) -
Ársæll Arnarsson
Publication year - 2010
Publication title -
nordicum-mediterraneum
Language(s) - English
Resource type - Journals
ISSN - 1670-6242
DOI - 10.33112/nm.5.1.7
Subject(s) - law and economics , field (mathematics) , management , economics , mathematics , pure mathematics
As soon as the dust began to settle after the greatest economic crisis since 1929, the very first thing to surface in the field of finance was greed. Unabated, shameless, and, what is more, the very thing that had caused the whole system to topple in the first place. In this article I will briefly discuss executive pay-structure and how it can actually work against the company’s interest, as well as try to identify the reasons why companies choose to maintain this seemingly unsuitable structure.