Round 10: Tossup 17

This quantity’s “unfulfilled promise” is the subject of a book by Jesse Fried and Lucian Bebchuk, who earlier described how this quantity poses an “agency problem.” If a “principal” is absent, this quantity acts as a “reward for luck,” according to Sendhil Mullainathan and Marianne Bertrand. Richard Tornetta filed a successful suit challenging an unprecedented award of this quantity. (-5[1])After the Dodd–Frank Act, the SEC required companies to hold a nonbinding (-5[1])shareholder vote known as a “say” on this quantity. In November 2025, shareholders of an automotive company approved the largest ever (10[1])version of this quantity, (10[1]-5[1])which could (10[1])reach (-5[2])1 trillion (10[1])dollars if all goals are met. (10[1]-5[1])For 10 points, both options and salary often comprise what quantity for a corporation’s high-ranking management leaders? ■END■ (10[3]0[3])

ANSWER: executive compensation [accept executive pay or executive salary or executive bonus; accept CEO pay or CEO salary or CEO bonus or CEO stock; accept Pay Without Performance: The Unfulfilled Promise of Executive Compensation; accept “Executive Compensation as an Agency Problem”; prompt on pay or “Say on pay” or stock by asking “for whom?”]
<Harvard A, Social Science> | Packet L - Harvard A, McGill A, Arizona State A, Georgia Tech B, Toronto D, Georgia Tech D
= Average correct buzzpoint

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