Which of the following is not an accurate statement about current levels of pay for CEOs of U.S.-based firms?
A) Today, the average CEO earns more than 350 times the pay of the average blue-collar worker.
B) Most of CEO pay is in the form of salary.
C) CEO compensation is not closely tied to corporate performance in most firms.
D) CEO pay is rising more rapidly than pay for other workers.
E) The level of CEO compensation is determined by the corporate board of directors.
Correct Answer:
Verified
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