Productivity and the Bonus Culture
Book • 2019
Andrew Smithers' book explores the impact of the bonus culture on productivity and economic growth in the UK and US. He argues that the current system of executive compensation, which often prioritizes short-term gains over long-term investment, is a major contributor to weak productivity growth.
Smithers proposes reforms to executive pay structures to encourage investment and improve productivity.
Smithers proposes reforms to executive pay structures to encourage investment and improve productivity.
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Mentioned by Andrew Smithers in his book, discussing the impact of bonus culture on productivity and the allocation of cash flows.
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