pay incentives to reward long-term performance and to discourage excessive risk-taking.
Rewards for short-term performance tend to discourage paying attention to the clients, and to penalize cautious managers, who may have served clients well by reducing the risk of losses.
While the management changes - provided they also bring an improvement in fund performance - may help to discourage investors from cashing in, it may not have that much impact on New Star's share price, as its collapse is largely due to its crippling debt - a legacy of its £364m return of capital to shareholders (including Duffield and some of his managers) during 2007.
This understanding leads to an identification of the major problems which are assumed to discourage SMEs' performance.
The only mechanism to discourage poor performance is a verbal or written warning.
Whether or not this was an appropriate sentence – he was not on trial for rape, but for distributing a nude photo of a teenager – it's not sufficient to make this young man take responsibility for what he did, or to discourage a repeat performance.
Gay activists in New Orleans tried to discourage Bryant's performance with the New Orleans Pops orchestra by connecting local suicides to her campaign.
During the Bush administration, the Securities and Exchange Commission adopted new rules promoting better public disclosure of executive compensation as a way to discourage pay not tied to performance.
The performance pay tax break was made possible by a 1993 change in the tax code meant to discourage excessive executive compensation.
However, there remains a paucity of information on the performance of available FRP strengthening systems at elevated temperatures, and the perceived susceptibility of these systems to fire continues to discourage their use in some applications.
I try to discourage that.
