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9 - Conclusion

Published online by Cambridge University Press:  15 September 2022

Longjie Lu
Affiliation:
University of Edinburgh
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Summary

This chapter concludes the key findings and arguments with respect to the practices and regulations of bankers’ remuneration in the UK and China. The reforms in the UK and China are in opposite directions. In the UK, the state needs to move forward to enhance its regulatory power over the practice of bankers’ remuneration; conversely, in China, the state should retreat from the practice and give more leeway to banks. However, influenced by the traditional institutions of the financial system, in either country, the regulation of bankers’ remuneration will not thoroughly change the allocation of power between the state and the market; nevertheless, incremental reforms can be devised to gradually improve the practice of bankers’ remuneration.

Type
Chapter
Information
Market or State
The Regulation and Practice of Bankers' Remuneration in the UK and China
, pp. 228 - 232
Publisher: Cambridge University Press
Print publication year: 2022

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  • Conclusion
  • Longjie Lu, University of Edinburgh
  • Book: Market or State
  • Online publication: 15 September 2022
  • Chapter DOI: https://doi.org/10.1017/9781009076401.010
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  • Conclusion
  • Longjie Lu, University of Edinburgh
  • Book: Market or State
  • Online publication: 15 September 2022
  • Chapter DOI: https://doi.org/10.1017/9781009076401.010
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • Longjie Lu, University of Edinburgh
  • Book: Market or State
  • Online publication: 15 September 2022
  • Chapter DOI: https://doi.org/10.1017/9781009076401.010
Available formats
×