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

Multiple Choice

In the past,the compensation of chief executive officers of corporations was based on:

A) the assumption that CEOs should be major stockholders of the corporations that they managed.
B) a generally accepted principle that CEOs should earn no more than 40 times the compensation of the company's lowest-paid employee.
C) company profitability and increases in the value of their firm's stock.
D) the size of the company.