Schedlinsky, Ivo; Sommer, Friedrich; Wöhrmann, Arnt - In: The Journal of Risk Finance 19 (2018) 4, pp. 396-412
Purpose: In the aftermath of the financial crisis, the influence of competitive compensation systems on employee risk taking has gained increasing attention. As the renouncement of such incentive schemes might entail severe disadvantages regarding employee motivation, standard setters have...