首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Business has slowed, layoffs mount, but executive pay continues to roar—at least so far. Business Week’s annual survey finds tha
Business has slowed, layoffs mount, but executive pay continues to roar—at least so far. Business Week’s annual survey finds tha
admin
2016-04-30
480
问题
Business has slowed, layoffs mount, but executive pay continues to roar—at least so far. Business Week’s annual survey finds that chief executive officers(CEOs)at 365 of the largest US companies got compensation last year averaging $3.1 million—up 1.3 percent from 1994.
Why are the top bosses getting an estimated 485 times the pay of a typical factory worker? That is up from 475 times in 1999 and a mere 42 times in 1980. One reason may be what experts call the "Lake Wobegon effect". Corporate boards tend to reckon that "all CEOs are above average"—a play on Garrison Keillor’s famous line in his public radio show, A Prairie Home Companion, that all the town’s children are "above average". Consultants provide boards with surveys of corporate CEO compensation. Since directors are reluctant to regard their CEOs as below average, the compensation committees of boards tend to set pay at an above-average level. The result: Pay levels get ratcheted up.
Defenders of lavish CEO pay argue there is such a strong demand for experienced CEOs that the free market forces their pay up. They further maintain most boards structure pay packages to reflect an executive’s performance. They get paid more if their companies and their stock do well. So companies with high-paid GEOs generate great wealth for their shareholders.
But the supposed cream-of-the-crop executives did surprisingly poorly for their shareholders in 1999, says Scott Klinger, author of this report by a Boston-based Organization United for a Fair Economy. If an investor had put $10,000 apiece at the end of 1999 into the stock of those companies with the 10 highest-paid CEOs, by year-end 2000 the investment would have shrunk to $8,132. If $10,000 had been put into the Standard & Poor’s 500 stocks, it would have been worth $9,090. To Mr. Klinger, these findings suggest that the theory that one person, the CEO, is responsible for creating most of a corporation’s value is dead wrong. "It takes many employees to make a corporation profitable."
With profits down, corporate boards may make more effort to tame executive compensation. And executives are making greater efforts to avoid pay cut. Since CEOs, seeing their options "under water" or worthless because of falling stock prices, are seeking more pay in cash or in restricted stock.
Scott Klinger most probably tends to agree that_____.
选项
A、most people lose money in the investment into the stocks
B、the CEOs performance can’t be reflected by the value of stocks
C、the CEOs are not the only factor that prospers a corporation
D、the pay of the CEOs greatly influences the profit of a Company
答案
C
解析
原文第4段倒数第2句中的…is dead wrong表明选项C符合Klinger对CEOs的看法,因此选项C为本题答案。
转载请注明原文地址:https://kaotiyun.com/show/23G7777K
0
大学英语六级
相关试题推荐
A、Homeeconomics.B、Businessadministration.C、Computerprogramming.D、Historicalresearch.B推理题。四个选项都是职业类别,可推测对话涉及的是对话中的人所从事的职业
A、Themanwillgoinforbusinessfightafterhighschool.B、Thewomanisnothappywiththeman’sdecision.C、Themanwantsto
A、Atthesupermarketjustaroundthecornerwherethemanlives.B、Atthesupermarketjustaroundthecornerwhereshelives.C、
Peopletendtounderestimatetheirlifeexpectancy,andit’snotsurprising.It’sthelook-aroundproblemagain:You【C1】______fr
Awisemanoncesaidthattheonlythingnecessaryforthetriumphofevilisforgoodmentodonothing.So,asapoliceoffice
A、Thedirectorcouldn’tgiveheranappointmentrightaway.B、Theofficewasclosedthefirsttimeshewent.C、Thecomputerswer
A、Over87,000workerswilllosetheirjobsinautocompanies.B、Manypeoplewillhavetosaybye-byetotheirhighsalaries.C、T
Negotiationsworkwonders.Thisisparticularlysoininternationalbusinesssinceitismostlythroughnegotiationsthatexport
Negotiationsworkwonders.Thisisparticularlysoininternationalbusinesssinceitismostlythroughnegotiationsthatexport
HongKonghastakenoverfromTokyoastheworld’smostexpensivecity,accordingtoalifestylesurvey.Italso【B1】______thegap
随机试题
拜伦《哀希腊》艺术上最显著的特点是()
阅读老舍《断魂枪》中的作品片段,回答问题。沙子龙把客人送到小门,然后回到屋中,对着墙角立着的大枪点了点头。夜静人稀,沙子龙关好了小门,一气把六十四枪刺下来;而后,拄着枪,望着天上的群星,想起当年在野店荒林的威风。叹一口气,用手指慢慢摸着
3岁半小儿,体检有鸡胸及轻度"X"形腿。血钙及血磷正常,应诊断为
广告市场准入的概念包含的主要内容是()。
若集合P={1,2,3,4,5},Q={x|0<x<9,x∈R},则().
将一根木棒锯成4段需要6分钟,则将这根木棒锯成7段需要多少分钟?
儿童5岁开始懂得提问,并对结果表现出快乐、满足或者表现出不满愤怒的情绪,属于()
下面2个小题基于以下题干:孔智、孟睿、荀慧、庄聪、墨灵、韩敏等6人组成一个代表队参加某次棋类大赛,其中两人参加围棋比赛,两人参加中国象棋比赛,还有两人参加国际象棋比赛。有关他们具体参加比赛项目的情况还需满足以下条件:(1)每位选手只能参
述评卢梭的自然主义教育思想。
CharacteristicsofAmericanCultureⅠ.punctualityA.Goingtothetheater:be【1】twentyminutespriorB.Eateries’responsef
最新回复
(
0
)