Professor Alistair Bruce Inaugural Lecture

Risk, reward, power and avarice: insights from the betting shop and the boardroom

Alistair Bruce side shot
Networking | Public lectures

This inaugural lecture offers insights into Alistair’s two main strands of research. First, he introduces us briefly to the oft-misunderstood topic of horserace betting research, explaining its particular appeal and potential and sharing insights into how environmental uncertainty and complexity affect individuals’ decision-making behaviour and performance in the natural setting. The second part of the lecture focuses on a different, though not unrelated topic – that of executive pay.

  • From: Thursday 2 May 2019, 5.30 pm
  • To: Thursday 2 May 2019, 7 pm
  • Registration: 5 pm
  • Location: Nottingham Trent University, City Campus, Burton Street, Nottingham, NG1 4BU
  • Booking deadline: Thursday 2 May 2019, 2.00 pm

Past event

Event details

Risk, reward, power and avarice: insights from the betting shop and the boardroom

The lecture offers insights into Alistair’s two main strands of research. First, he introduces us briefly to the oft-misunderstood topic of horserace betting research, explaining its particular appeal and potential and sharing insights into how environmental uncertainty and complexity affect individuals’ decision-making behaviour and performance in the natural setting.

The second part of the lecture focuses on a different, though not unrelated topic – that of executive pay. Like betting, this is also very much about risk and reward, but with issues of power and avarice also part of the mix.  As the real value of executives’ remuneration packages has risen steadily over the last thirty years so, not surprisingly, has academic and general interest in the area. The sheer size of executive pay, its apparently unfettered growth, the relationship between pay and performance and the growing gap between the pay of corporate leaders and other employees have all attracted close scrutiny. We explore why the mid-eighties marked a watershed in the way that executives are rewarded and how, since then,  a period of unprecedented turbulence and innovation in pay design has enabled the aggressive, if occasionally volatile, growth in the real value of executive pay.

Professor Alistair Bruce, Nottingham Business School

Alistair Bruce is the Associate Dean for Research at Nottingham Business School. He holds an M.A. (Hons) degree in Economics from St Andrews University and a PhD from Heriot-Watt University for his thesis on ‘Innovation, Uncertainty and Government Policy: The Case of North Sea Oil’.

After a brief period lecturing at Heriot-Watt, he took up a position as lecturer in Managerial Economics at the University of Nottingham. He was subsequently promoted to Senior Lecturer and to a Chair in 1999. Throughout the next nineteen years he held the positions of Dean, Deputy Dean and Director of Research at Nottingham University Business School, before jumping on the number 28 bus to make the short move to Nottingham Business School in October 2018.

Alistair’s research interests are diverse and include the economics of innovation, energy policy, privatisation and urban regeneration, but his two main areas of focus have been decision-making in complex and uncertain settings, and corporate governance, particularly in relation to executive remuneration. He has published extensively in leading journals in the fields of economics, management, industrial relations, decision-making, finance and business history and has generated significant funding from the ESRC, Leverhulme Trust as well as from industrial and third sector bodies. He is the Chair of the Research Committee of the Chartered Association of Business Schools.

Programme

5:00 pm

Registration and welcome refreshments

5:30 pm

Inaugural lecture

6:30 pm

Drinks reception

7:00 pm

Event close

Booking information

This event is free to attend. To book your place, click the Reserve your place button at the top of the page.

Location details

Address:

Nottingham Trent University
City Campus
Burton Street
Nottingham
NG1 4BU

Past event

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