Question: Which of the following practices is most likely to help align management's interests with those of shareholders? Implementing a golden parachute policy that guarantees large
Which of the following practices is most likely to help align management's interests with those of shareholders?
Implementing a "golden parachute" policy that guarantees large severance packages to executives in the event of a company takeover.
Allowing the board of directors to be composed primarily of the CEO's friends and relatives.
Limiting shareholder voting rights to prevent disruption of longterm strategies.
Implementing performancebased compensation that ties executive pay to stock price performance.
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