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    Exam 13: Corporate Governance in the Twenty-First Century
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    When a Firm Ties an Executive's Bonus Payouts to Long-Term
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When a Firm Ties an Executive's Bonus Payouts to Long-Term

Question 116

Question 116

Multiple Choice

When a firm ties an executive's bonus payouts to long-term performance of the firm rather than to annual performance of the firm, it is instituting long-term ________ plans.


A) incentive
B) financial
C) performance
D) competency

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