Question: CEO pay is set by the board based on a variety of factors. The business strategy, corporate trends, and where they want to be in

CEO pay is set by the board based on a variety of factors. The business strategy, corporate trends, and where they want to be in a short and long term. One study concluded there are three main factors that determine executive pay: job complexity, the employer's

q,

and the executive's human capital.

competitive strategy

financial performance

ability to pay

knowledge gap

CEO pay is set by the board based on a variety

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