Lu Market or State

The Regulation and Practice of Bankers' Remuneration in the UK and China
Erscheinungsjahr 2022
ISBN: 978-1-009-08465-9
Verlag: Cambridge University Press
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch

This book investigates the pre-crisis practice of bankers' remuneration in the UK to provide evidence of the problems in practice. It critically analyses the regulatory initiatives implemented after the crisis and investigates the post-crisis practice to reflect the effects and problems of the regulation. The book also discusses the traditional administration of remuneration and political incentives in Chinese banks and the regulatory initiatives for reforming bankers' remuneration. It investigates the recent practices in major Chinese banks to reveal the problems of the regulatory initiatives and the impact of political incentives. It will help academics, researchers, students and practitioners develop a comprehensive understanding of the ongoing reform of bankers' remuneration in the UK and the uniqueness of banks' remuneration systems and incentive mechanisms in China. Furthermore, it provides theoretical insights into the differences between the two jurisdictions in their regulations and practices and the deep-seated reasons for the differences.

Autoren/Hrsg.

Lu, Longjie

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Management Internationales Management
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Außenhandel
• Rechtswissenschaften Wirtschaftsrecht
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Rechtswissenschaften Recht, Rechtswissenschaft Allgemein Rechtsvergleichung

Inhaltsverzeichnis

1. Introduction; 2. The Pre-GFC practice of bankers' remuneration in the UK; 3. The regulation of bankers' remuneration in the UK; 4. The Post-GFC practice of bankers' remuneration in the UK; 5. The traditional practice of bankers' remuneration and incentives in China; 6. The regulation of bankers' remuneration in China; 7. The recent practice of bankers' remuneration and incentives in China; 8. Market or state: differences in the regulations and practices of bankers' remuneration in the UK and China; 9. Conclusion.

Über Autor(innen)

Lu, Longjie
Dr. Longjie Lu is a lecturer in Banking, Corporate and Financial Law at the University of Edinburgh. Her articles in the wider fields of banking and financial regulation, capital markets law and corporate governance have been published by leading journals such as Journal of Corporate Law Studies, Capital Markets Law Journal and Journal of Business Law.