Incentives and culture in risk compliance
通过269名金融专业人士的实地实验，发现固定薪酬比浮动薪酬能提高25.1个百分点的合规率，且不影响生产力；风险导向文化比利润导向文化提高16.3个百分点的合规率。
In the finance industry, risk compliance has become an important issue after numerous policy violations resulting in significant costs for financial institutions and society as a whole. We run a lab-in-the-field experiment with 269 finance professionals, to investigate the effects of financial incentives and workplace culture on risk compliance. Relative to variable remuneration (linked to expected profits), fixed remuneration increases the proportion of people complying by as much as 25.1 percentage points. This is achieved with no diminution in productivity. Relative to a profit-focused workplace culture, a risk-focused workplace culture increases the proportion of people complying by 16.3 percentage points.