Risky Rewards - How Company Bonuses Affect Safety (Hardcover, New Ed)

Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.

General

Imprint:	Crc Press
Country of origin:	United Kingdom
Release date:	February 2015
First published:	2015
Authors:	Andrew Hopkins • Sarah Maslen
Dimensions:	234 x 156 x 17mm (L x W x T)
Format:	Hardcover
Pages:	186
Edition:	New Ed
ISBN-13:	978-1-4724-4984-9
Categories:	Books > Business & Economics > Economics > Financial crises & disasters Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment Books > Business & Economics > Business & management > Management of specific areas > Personnel & human resources management Books > Business & Economics > Industry & industrial studies > Industrial relations & safety > General
LSN:	1-4724-4984-3
Barcode:	9781472449849

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