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Excerpt from Psychology Today -- "No, research has found that firing a CEO is the last thing a board should do. Instead, they should hit them where it hurts, in the pocket. Instead, the board of British Airways should draw on insights from our recent study from behavioral science by keeping the executives but asking them to deposit part of their salary and bonus for paying for the losses—that is, BA’s estimated £150 million compensation bill. (Study authors include Chengwei Liu, Ivo Vlaev, Christina Fang, Jerker Denrell and Nick Chater.)"

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