The Rationale Behind Golden Handcuffs Is That the Plan

question 66

Multiple Choice

The rationale behind golden handcuffs is that the plan:

• A) Promotes longer executive tenure than other forms of compensation
• B) Offsets the limitations of focusing on market-based measures of performance
• C) Offers an incentive for executives to remain with the firm
• D) Provides incentive for the executive to create wealth for shareholders as measured by increase in the firm's share price

Identify the historical context and trends of fiscal policy and national debt.

Understand the concept of overjustification effect and how extrinsic rewards can influence intrinsic motivation.

Describe self-handicapping strategies and their underlying motives.

Recognize the phenomenon of automatic egotism and its effect on self-perception.

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Definitions:

Secondary Objective

Goals or aims that support the primary objectives of an organization or project but are not the main focus.

Primary Objective

The main goal or purpose that an organization or individual aims to achieve.

Improvement of Performance

The process of enhancing the effectiveness, efficiency, and productivity of employees or processes within an organization.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.