Reflection on A Real-Life Executive Compensation Scheme:
Please skim through the articles below, you can refer to other academic/reliable articles:
https://forbes.com/sites/sergeiklebnikov/2021/05/06/elon-musk-made-billions-in-2020-every-other-ceo-made-millions/?sh=68e1a4fe6f93

https://cnbc.com/2021/11/07/elon-musk-faces-a-15-billion-tax-bill-which-is-likely-the-real-reason-hes-selling-stock.html
After reading the articles, reflect on and answer the following questions:
1. Describe the compensation package of the executive in question. What makes it unique? (twohundredwords).
2. Integrate the fraud triangle into the issue. Which element of the fraud triangle best aligns with the compensation package? (twohundredwords)
3. Discuss the role of governance (i.e., board of directors and shareholder rights) in the compensation package. Which two corporate governance mechanisms serve as a control against the possible risks? (threehundredwords).

Subject: General Accounting

Answer rating: 100% (QA)

1 The compensation package of Elon Musk CEO of Tesla is unique due to its size and structure In 2020 Musk was paid about 11 billion all in Tesla stock ... View the full answer