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

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.