3 ms·
Yes, banks as organizations still have the correct incentives. I'm not sure management does, but 1. it's the responsibility of owners to keep management under c
by jjoonathan 4y ago
Yes, banks as organizations still have the correct incentives. I'm not sure management does, but 1. it's the responsibility of owners to keep management under control and 2. if management doesn't care about investors surely they would care even less about depositors.