Showing posts with label incentives. Show all posts
Showing posts with label incentives. Show all posts

The Morality of Incentives

In keeping with my niche of "Business Week reactions" (as Scott called me out on), I found this BW article on the morality of incentives fascinating. The general idea is that introducing money into the equation takes morality out of the equation. A bit counterintuitive, and this assumption is backed up by some studies I am not familiar with, but I find the concept and the suggested fix intriguing.

Do you buy the argument that the current incentive system is harming morality in business? If so, and you were a shareholder of a bank, would you be in favor of completely removing incentives from the executive positions?