Which of the Following Sparked Renewed Interest in Corporate Governance

question 2

Multiple Choice

Which of the following sparked renewed interest in corporate governance?

• A)Scandals among CEOs who were eventually convicted of fraud.
• B)Advances in technology that have dramatically improved communication.
• C)Rising oil prices as well as higher prices for many other natural resources.
• D)High-profile businesspeople creating charitable foundations.
• E)An increasingly diverse workforce.

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Definitions:

Extrinsic Motivation

The drive to perform actions or engage in activities due to external rewards or pressures.

Performance-Based Pay

A compensation strategy that ties employee pay directly to their performance, encouraging higher levels of output or quality.

Psychological Distance

The feeling of how close or far off an object or event is to an individual, psychologically, rather than in a physical manner.

Skill-Based Pay

A compensation system where pay levels are determined by an employee's skills or knowledge, not just job title or position.