Management Compensation and the World Economic Crisis: Evidence from Bosnia and Herzegovina

Authors

  • Adisa Delić Faculty of Economics, University of Tuzla
  • Amra Nuhanović Faculty of Economics, University of Tuzla .

Keywords:

world economic crisis, manager compensation, regulation of compensation, Bosnia and Herzegovina (BH)

Abstract

Much has been written about the (still present) world economic crisis in the past few years, and in those scientific discussions the main factors – causes of crisis have been often analyzed. All those (up to now) analyzed factors make the crisis long-lasting, harder, uncertain with hardly predictable implications. On the other hand, understanding the cause and preventing the consequences of crises are an important precondition of economic and social development of any country.

With regard to this, the main aim of research by the authors of this paperwork has been based on the attempt to explain the view according to which, the greed of Wall Street bankers caused by excessive management compensation has also been, inter alia, one of the relevant factors causing and deepening the 21stcentury world economic crisis. Furthermore, the paperwork provides an overview of possible directions of regulation in the field of management compensation, all with the aim to prevent large scale crises in the future. Finally, to complete the research, the authors have analyzed the state in the field of management compensation in Bosnia and Herzegovina.

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Published

2014-06-15

How to Cite

Delić, A., & Nuhanović, A. (2014). Management Compensation and the World Economic Crisis: Evidence from Bosnia and Herzegovina. Asian Journal of Business and Management, 2(3). Retrieved from https://ajouronline.com/index.php/AJBM/article/view/1224

Issue

Vol. 2 No. 3 (2014): June 2014

Section

Articles

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