Based on Studies of Publicly Traded Firms That Became Privately

question 32

Multiple Choice

Based on studies of publicly traded firms that became privately held,

• A)managers of publicly traded firms are grossly overpaid, but are also penalized harshly for bad performance.
• B)managers of publicly traded firms are not paid enough for good performance, and they are penalized harshly for bad performance.
• C)managers of publicly traded firms are grossly overpaid and are not penalized enough for bad performance.
• D)managers of publicly traded firms are not paid enough for good performance, and they are not penalized enough for bad performance.