Which of the following is a major ethical concern among corporate boards of directors?

A) Compensation
B) The non-traditional directorship approach
C) Dividend reporting
D) Secondary stakeholders
E) Debt swaps

Compensation is a major ethical concern among corporate boards of directors as it involves ensuring that executives and employees are compensated fairly and appropriately, without excessive payouts that may harm the company or exploit stakeholders. It is a key consideration in maintaining transparency, accountability, and trust among shareholders and other stakeholders. The other options are not typically considered major ethical concerns among corporate boards.