We argue that the existence of ratchet effect is one of the reasons that result in the lack of sensitivity of compensation and performance.

导致报酬与业绩间缺乏敏感性的原因之一是报酬棘轮效应的存在。

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We argue that the existence of ratchet effect is one of the reasons that result in the lack of sensitivity of compensation and performance.

导致报酬与业绩间缺乏敏感性的原因之一是报酬棘轮效应的存在。

youdao