"Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries"-Provided by publisher.

Includes bibliographical references and index.

Introduction -- Questioning the value of financial incentives -- The problem of rare but catastrophic events -- Long term incentives -- Annual bonuses -- The impact of incentive arrangements -- Indicators of major hazard risk -- Summary, reflections, suggestions.