Which of the following forms of compensation is most likely to align the interests of managers and
Question:
a. A fixed salary
b. A salary linked to company profits
c. A salary that is paid partly in the form of the company's shares
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a A fixed salary means that compensation is at least in the short ru...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Question Posted:
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