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
Correct Answer:
Verified
Correct Answer:
Verified
Q61: Difficulties in quantifying objectives often can be
Q62: A common measure of shareholder wealth creation
Q63: Policies can be externally imposed or _<br>A)
Q64: _ are directives designed to guide the
Q65: _ represent a form of executive compensation
Q67: Business strategies provide _ direction.<br>A) General<br>B) Focused<br>C)
Q68: Short-term objectives assist strategy implementation by identifying
Q69: Golden handcuffs:<br>A) Have no downside risk to
Q70: _ are executive bonus compensation plans that
Q71: _ are measurable outcomes achievable or intended