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. After the Dodd–Frank Act, the SEC required companies to hold a nonbinding shareholder vote known as a “say” on this quantity. In November 2025, shareholders of an automotive company approved the largest ever version of this quantity, which could reach 1 trillion dollars if all goals are met. For 10 points, both options and salary often comprise what quantity for a corporation’s high-ranking management leaders? ■END■
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>
= Average correct buzz position