Executive Compensation in the Danish Bank Sector

For a long time remuneration of top executives has been a hot topic in the business debate. A lot of people have complained that executives and board members have been too greedy and an absence of morals at the highest executive level has been argued. Especially in the banking sector these concerns have been made as the financial crisis of the late 2000¿s highlighted the paradox of various top executives receiving very high bonuses while at the same time their banks were going bankrupt or being saved by government interventions. But what is the whole system behind most executive incentive schemes? Which factors make the banking sector different from other sectors? Which guidelines already exist in the area? Can shareholder and stakeholder interests be balanced? And can we make systemic changes to better, and smarter, align performance with compensation? These are among the questions that this book will answer.