Can the Immobile Stop the Mobile?
Economic Sociology (European Electronic Newsletter)
DE : Max Planck Institute for the Study of Societies
27 - 33 p.
Financial industry mobility
The article offers the author's insights on their study on financial industry mobility. The author describes a case-study which involved an equity derivatives trading-room head and his staff who were given bonuses of 10 and 7 million euros, respectively. He raises the concern on whether the immobile attempt to prevent the mobile in their activities to stop exploitation. Results show that people who are open to moving main assets or teams submit to retainment devices more than other employees.