The board of directors may grant stock options to managers
A) to save executive compensation costs.
B) to use as a substitute for bonus.
C) to align the interest of managers with that of shareholders.
D) none of the options
Correct Answer:
Verified
Q41: Accounting transparency
A)can only be achieved when managers
Q42: If an incentive contract specifies certain accounting
Q43: In the United States and the United
Q44: Debt can reduce agency costs between shareholders
Q45: In the United States,it is well documented
Q47: Suppose you are the CEO of company
Q48: When designing an incentive contract,
A)it is important
Q49: In the United States,it is not uncommon
Q51: In the United States,
A)boards of directors are
Q99: Benetton,an Italian clothier,is listed on the New
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