When calculating a "deserved pay" for CEOs based upon earnings growth and shareholder return, financial research firm Obermatt found that
A) there is a negative correlation between CEO pay and company performance.
B) there is a positive correlation between CEO pay and company performance.
C) there is no correlation between CEO pay and company performance.
D) CEO pay packages were rejected by 90% of shareholders.
E) most compensation systems were aligned with the interests of shareholders.
Correct Answer:
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