Which of the following statements accurately describes cross-national difference in senior executive compensation?
A) CEO total compensation in the United States is three times as high as the next closest country (Canada)
B) In U.S. firms, senior executive compensation is usually balanced between 50% variable performance measures connected to stock prices (e.g., stock options) and 50% performance bonuses and base salary
C) According to one survey, roughly 60% of a top executive's compensation in the United States comes from long-term incentives, with base salary and performance bonuses accounting for 40%
D) In some countries, such as Germany and the Nordic countries, almost 25%-50% of the compensation earned by executives comes from base salary
Correct Answer:
Verified
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