Investors frequently reap nothing but frustration when they seek to restrain the financial aspirations of corporate bosses.
ECONOMIST: Executive pay: Maligned, or misaligned? | The
If it is possible for central banks to identify the build-up of financial imbalances in good time, then they can restrain those imbalances, rather than just waiting to offset the economic consequences of their unwinding.
ECONOMIST: Yesterday's financial architecture needs refurbishing
Still, one lesson of Korea's financial chaos is the fact that, once created, monster conglomerates are perilously hard to restrain.
ECONOMIST: China and the chaebol | The
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