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Author Question: As CEO, Duane was granted stock options that do not require him to exercise them to receive income. ... (Read 55 times)

kodithompson

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on: Jul 7, 2018
As CEO, Duane was granted stock options that do not require him to exercise them to receive income. Which of the following plans is it?
 
  A) stock appreciation rights
  B) discount stock
  C) restricted stock
  D) golden parachute

Question 2

The XYZ Co. took back performance-based compensation of 1.2 million from their CEO because of his decision of the buyout of another firm that eventually lowered the overall value of the XYZ Co.
 
  Which of the following compensation agreements allowed the board of directors to take back this 1.2 million?
  A) platinum parachutes
  B) clawback provisions
  C) phantom stock
  D) golden parachute
Strategic Compensation: A Human Resource Management Approach ¦ Martocchio ¦ 10th Edition
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jliusyl

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


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