In the Past,the Compensation of Chief Executive Officers of Corporations

question 157

Multiple Choice

In the past,the compensation of chief executive officers of corporations usually was based on:

• A)a generally accepted principle that CEOs should earn no more than 40 times the compensation of the company's lowest paid employee.
• B)the size of the company.
• C)their company's profits and/or increases in the value of their firm's stock.
• D)the assumption that CEOs should be major stockholders of the corporations that they managed.

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