The Royal Commission into Misconduct in Banking, Insurance and Financial Services has refocused attention on how remuneration practices influence behaviour. In particular the ‘Balanced Scorecard’, seen by some as a cure for misconduct, has come under scrutiny. In 2018 experimental researchers based at Macquarie University have investigated how various remuneration structures affect compliance with company policy.
Research
Professionalism
Behaviour of Finance Professionals under the balanced scorecard
By
Elizabeth Sheedy
Published Mon 5 Aug
The Royal Commission into Misconduct in Banking, Insurance and Financial Services has refocused attention on how remuneration practices influence behaviour.