Bank Ethics. Is it ethical for bankers to be paid bonuses. (Essay Sample)
is it ethical for bankers to be paid a large bonuses even though they are taking a risk.source..
Banker bonuses have long been on the political agenda, with Oxfam International issuing warnings on economic inequality worldwide. In the light of so many scandals, banker bonuses remain highly contentious. Is it ethical for bankers to be paid bonuses? For opponents, it may not be ethical, but for bankers, it is part of their profession. A large number of companies, including several big banks, believe that bonuses encourage bankers to work harder and take risks within the financial sector (Murphy, 2013).
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