Risk aversion by managers should be recognized when revising compensation plans because: Multiple...
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Accounting
Risk aversion by managers should be recognized when revising compensation plans because:
Multiple Choice
Most companies want risk taking managers.
It is the difference between good and bad managers.
Most companies want risk averse managers.
Compensation mix (salary, bonus) can influence a manager's risk aversion.
It costs less to pay risk averse managers.
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