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Posts published by “Bong Grumbles”

How to get managers’ incentives right

Executives, not investors, may be to blame for short-termismHOW BEST should managers be incentivised? In the biblical parable of the talents, a master divides his property among three servants before going away. Two put his money to work and double its value; the third buries it in the ground. The first two servants are rewarded…