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Describe how compensation systems encouraged risk. Be specific. Briefly explain how these compensations systems contributed to what the author calls the fragile house of cards
- Describe how compensation systems encouraged risk. Be specific. Briefly explain how these compensations systems contributed to what the author calls "the fragile house of cards upon which the American financial system was built."
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Compensation systems in the financial industry often encouraged risktaking behavior in several specific ways 1 PerformanceBased Pay Many compensation ...
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
0132423502, 978-0132423502
