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This excessive reward for market failure is morally and politically unacceptable.
She added: "Given the appalling results published only last week for the work programme, this looks like an excessive reward for dismal failure.
But the £14m package for Bob Dudley may have looked to many potential hires like an excessive reward in a company where job tenure for everybody else looks uncertain.
An awkward absence Don't hold back The rebirth of news Moats and beams Political animals Reprints Related items Bank regulation: Dilute or dieMay 14th 2009 Rebuilding the banksMay 14th 2009It should be obvious by now that in banking and finance the twin evils of excessive risk and excessive reward can poison capitalism and ravage the economy.
That seems consistent with demonstrations that HPA activation and glucocorticoid hormones may contribute to binge eating, drug addiction, and other excessive reward pursuits [ 22, 55].
A common view of how stress might motivate binge eating and food intake, addictive drug relapse, gambling, or other excessive reward pursuit is to induce anhedonia, dysphoria, frustration, or related negative aversive states that individuals try to counteract by pursuing and consuming hedonic rewards [ 21, 47].
Similar(54)
Excessive rewards fuelled excessive risk-taking which in turn led to the worst economic crisis since the Great Depression.
Institutional investors are alarmed by what they characterize as excessive rewards for bank employees.
King has also expressed concern at the bonus culture in the City and the way excessive rewards fuel risk-taking.
These excessive rewards widen the gap between those at the top and ordinary workers struggling to pay their bills".
The rail network on the other hand is about the public taking the risk and racking up huge debts, even while the private firms reap excessive rewards.
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CEO of Professional Science Editing for Scientists @ prosciediting.com