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However, investors could make more informed fund choices if they knew whether managers are paid for short- or long-term performance and pre- or post-tax results.
FORBES: Magazine Article
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Some corporate boards ought to at least consider a return to what was once the norm in both America and Europe (and still is in Japan) and largely ditch pay-for-performance and instead pay largely through a straight salary (most lower-level employees are paid this way).
ECONOMIST: Bosses' pay
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Credit-rating agencies should be reformed, incentives for excessive risk-taking reduced and bankers' bonuses paid on the basis of long-term performance.
ECONOMIST: The World Social Forum
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Those who survive are paid to perform: even in America, Tyco's performance-related pay schemes have a reputation for generosity.
ECONOMIST: Face value