Problem
A recent magazine article contained the following quote: There has been a welcome shift in CEO pay away from stock options, which are often tenuously related to performance, and toward discretionary bonuses." Use economic theory to analyze the dual claim that stock options are tenuously related to CEO performance and that moving away from them and toward bonuses will strengthen incentives for CEOs to perform well.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.