The Manager of your company's pension fund is compensated based entirely on fund performance; he earned over $1.2 million last year. As a result, the fund is contemplating a proposal to cap the compensation of fund managers at $100,000. Provide an argument against the proposal.© BrainMass Inc. brainmass.com October 10, 2019, 3:46 am ad1c9bdddf
If the fund's manager compensation is capped at $100,000 he will not have any incentive to increase the performance ...
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