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
464
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
WhenIwasachild,myteethusedto【B1】______inseveraldifferentdirections,and【B2】______thatinvolvedratherexpensive【B3】__
WhenIwasachild,myteethusedto【B1】______inseveraldifferentdirections,and【B2】______thatinvolvedratherexpensive【B3】__
Mostpeopledon’tenjoyfacingthedifficultsituationsthatsometimesoccurwithcoworkersintheworkplace.Suchsituationsma
A、Openlydisplayingtheiranger.B、Makingdirectcriticism.C、Expressingtheirdissatisfactionwithpoliteness.D、Yellingloudly
Awisemanoncesaidthattheonlythingnecessaryforthetriumphofevilisforgoodmentodonothing.So,asapoliceoffice
A、Theyworkonthesamefloorsinthesameshoppingcenter.B、Theyhaven’tmetbefore.C、Theyarebothbusinessmajors.D、Theya
A、ThewomanismailingthemtoGary’soldaddress.B、Thepostofficeissendingthemtothewoman’shouse.C、Theyarebeingforw
Negotiationsworkwonders.Thisisparticularlysoininternationalbusinesssinceitismostlythroughnegotiationsthatexport
随机试题
柱模板中的柱箍主要起()的作用。
依据《建设工程质量管理条例》的规定,以下工作中,应由总监理工程师签字认可的是()。
()是指每个细分市场有明显的区分标准,让销售机构能够清楚地认识不同细分市场的客户差异,提供个性化的产品和服务,以确保营销策略具有针对性。
2009年6月李某因改善居住条件,经向税务机关申报核准转让其已居住两年的非普通住宅一套,取得转让房款24万元。经评估,该住房的重置成本价为20万元,成新度70%。住房转让时,李某已按国家统一规定交纳手续费0.18万元、评估费0.5万元、税金1.32万元。李
()是指经法定程序审核批准的、具有法律效力的、综合反映年度国民经济和社会发展情况的政府财政收支计划。
下列各项中,可以作为经济法律关系客体的有()。
某公司1月1日投资建设一条生产线,建设期3年,经营期8年,建成后每年净现金流量均为500万元,该生产线净现金流量的年金形式是()。
下列有关长江三峡的正确表述有()。
在制定培训规划时,制定培训策略的目的在于()。
MotherhoodIsn’tSacrifice;It’sSelfishnessA)Iwastakingafewweeks’breakfromworkoverthesummer.MyfamilyandI—myhu
最新回复
(
0
)