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According to Noted Economist Thomas Piketty

Question 114

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According to noted economist Thomas Piketty:


A) top executives are entitled to any level of pay they can negotiate with their board of directors.
B) the annual pay for top executives should include a small guaranteed salary and should include a very large bonus in years where the firm earns higher profits than competitors.
C) all bonuses paid to CEOs should be tied to long-run increases in market share.
D) CEOs should not earn much more than 10-20 times the earnings of the company's average salary.

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