Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Richie Boucher:

-----you know, I'm not sure that remuneration is the reason that you do certain things. You do it because you believe in your business, you believe it the right thing to do. Remuneration is a component of incentivisation, but I ... it wasn't my experience that people did things just because they were going to get paid more or less, but nevertheless you can't also say that remuneration wasn't an aspect of why people had ambition to grow their business, but I think it was a component but I don't think it was a driver.

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