Quick Survey - R&D and Bonuses

1) Does your company exclude R&D expenditures from net income when evaluating the CEO’s performance for bonus purposes? (Select only one)

Yes, always
Only if the CEO is near retirement and otherwise reluctant to invest in long-term projects
No, never
Our company does not invest in R&D

2) Who is primarily responsible for R&D investment decisions at your company? (Select only one)

The CEO
Primarily an executive other than the CEO, though the CEO has a significant influence on R&D expenditures
An executive other than the CEO; the CEO has little impact on R&D decisions at our company
Our company does not invest in R&D

3) CEOs near retirement may have disincentives to invest in long-term R&D projects. Which of the following best describes your compensation committee’s approach to this problem? (Select all that apply)

We primarily rely on the CEO’s stock-based compensation to promote long-term R&D investments.

We provide additional monetary incentives for CEOs to invest in R&D when they are near retirement.

This problem is not important in our company because the CEO is far from retirement age.

This problem is not important in our company because the CEO doesn’t significantly affect R&D decisions.

Our company does not invest in R&D.