Which of the following is the LEAST likely reason for the distance between executive performance and long-term incentives?
A) Executives rarely know how much their equity in the firm is worth.
B) Executives are unlikely to have control over the value of the company's stock.
C) Incentive plans are not always consistent with the firm's long-term strategic objectives.
D) Golden parachutes fail to address what to pay executives when they are terminated from a firm.
Answer: D
Business
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Indicate whether the statement is true or false
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