behavioural economics

Not a week goes by without yet another story which describes how executive managers have abused their compensation, most notably income generated via target-dependent bonuses. Ranging from investment bankers to insurance brokers, the public opinion has generally converged on the fact that the remuneration of top employees requires redesign.
What is clear is that emerging factors have combined to expose big business and its place in society to increasingly intense and critical scrutiny. A very selective list might include the banking crisis and corporate tax scandals, the shrinking state, climate change and other environmental impacts, and the inequities and injustices in value chains, so horribly highlighted at the Dhaka garment factory.