A CFO whose compensation plan may have had the effect of creating an incentive for unethical actions includes:

Question

Quizplus · Accepted Answer

Scott Sullivan, as the only CFO on the list, was the only one with a compensation plan that could have created an incentive for unethical actions. During his time as CFO of WorldCom, Sullivan was found to have manipulated the company's financial statements to hide billions of dollars in expenses, while also receiving large bonuses and stock options based on the company's performance. This type of compensation structure can create a strong incentive for CFOs to engage in unethical behavior in order to achieve short-term financial gains and boost their own compensation.

A CFO Whose Compensation Plan May Have Had the Effect