This book investigates the pre-crisis practice of bankers'
remuneration in the UK to provide evidence of the problems in
practice. It critically analyses the regulatory initiatives
implemented after the crisis and investigates the post-crisis
practice to reflect the effects and problems of the regulation. The
book also discusses the traditional administration of remuneration
and political incentives in Chinese banks and the regulatory
initiatives for reforming bankers' remuneration. It investigates
the recent practices in major Chinese banks to reveal the problems
of the regulatory initiatives and the impact of political
incentives. It will help academics, researchers, students and
practitioners develop a comprehensive understanding of the ongoing
reform of bankers' remuneration in the UK and the uniqueness of
banks' remuneration systems and incentive mechanisms in China.
Furthermore, it provides theoretical insights into the differences
between the two jurisdictions in their regulations and practices
and the deep-seated reasons for the differences.
General
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