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7. One study by Cyert, Kang, and Kumar of a large sample of companies found: a. The average CEO in their study was 55 years

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7. One study by Cyert, Kang, and Kumar of a large sample of companies found: a. The average CEO in their study was 55 years of age, and had served in that position for an average of eight years b. Found that in 70% of the cases the CEO was also the board chairman c. The equity ownership of the largest shareholder and the board was negatively correlated with CEO compensation. . All of the above e. Both a and b

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