In theory, investors could demand changes - they could insist that banks stop setting aside half their net revenue for compensation, a far higher share than in most industries. But there has been little pressure from that direction. UK institutional investors, who have traditionally exerted more influence on executive pay than their American counterparts, have also shied away from the issue. "We'd be interfering in a very prescriptive way in the management and calling on expertise that we don't really have," says Peter Montagnon, director of investment affairs at the Association of British Insurers.
理論上，投資者應該是要求變革的——他們可以堅持要求銀行不再將他們凈收入的一半留作薪酬，這一比例遠高于大多數行業的水平。但目前來自投資者的壓力很小。與美國同行相比，英國的機構投資者通常會對高管薪酬施加更多影響，但它們也回避了這個問題。“我們會以相當指示性的方式對管理層加以干涉，并聽取專家意見，因為我們并不真正擁有那種專業能力，”英國保險協會(Association of British Insurers)投資事務主任彼得?蒙塔尼翁(Peter Montagnon)表示。