How to change bankers’ bonuses to curb excessive risk-taking

Assoc Prof Jussi Keppo from the Dept of Analytics & Operations at NUS Business School and NUS Risk Management Institute, and Assoc Prof Yuan Xuchuan at the School of Economics and Management, Harbin Institute of Technology, discussed a study they did in collaboration with Mr Esa Jokivuolle, a visiting scholar at Aalto University School of Business on bankers’ bonuses and excessive risk-taking.