How Economic Incentives Destroy Values

On November 27, 2013 Laszlo Zsolnai gave a faculty lecture at the Institute of Environmental Sciences of Corvinus University of Budapest on the perverse effects ofecessive executive compensation. He argued that one-dimensional economic incentives may destroy existential, social, and ecological values that influence the manager’s commitment to ensure responsible business conduct, and have negative spillover effects that may reduce the manager’s performance.

How Economic Incentives Destroy Values