Shareholders at Chesapeake Energy were most concerned about what corporate governance issue when they sued the company?

a. Sustainability
b. Philanthropy
c. Executive compensation
d. Embezzlement
e. Intrapreneurship


c. Executive compensation

Big shareholders sued Chesapeake for what they considered an irresponsibly generous 2008 compensation package to CEO McClendon and demanded that the company overhaul its compensation practices.

Business

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Accurate inventory amounts are not necessary for accounting purposes because an error in inventory will "wash out" over a two-year period

a. True b. False Indicate whether the statement is true or false

Business

A written document that summarizes what the marketer has learned about the marketplace and indicates how the firm plans to reach its marketing objectives is called a vision statement

Indicate whether the statement is true or false

Business

Alice says to Brian, "If I decide to buy a word processor next year, I will buy it from you." This is an example of:

a. an illusory promise. b. past consideration. c. the pre-existing duty rule. d. good consideration.

Business

________ refers to how a firm behaves when it feels it is protected from risk compared with how it would behave if it was fully exposed to risk

A) Moral hazard B) Asymmetric engineering C) Systematic risk transfer D) Beta blocking

Business