New business theory shows compensation plans can make or break a firm
Wednesday, April 15, 2009 - 16:49
in Mathematics & Economics
(PhysOrg.com) -- Greed has been blamed for most of Wall Street's woes and the banking sector's recent collapse, but two professors at Washington University in St. Louis say envy is really to blame. And, they warn, envy is driving top talent from the financial sector and could wreak even more havoc on the economy in the months to come.