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Keywords: Pay structures
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Journal Articles
Journal:
Corporate Governance
Corporate Governance (2011) 11 (5): 587–600.
Published: 18 October 2011
... earnings to meet the desire of the markets for continual growth. This, together with the increasing use of stock options, performance‐related pay structures, as well as variable and fixed bonuses, combined with the one way ratchet effect of executive remuneration benchmarking led to an explosion in bankers...
