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
2013-10-17
54
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 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(一步步地增加)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 CEOs 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 compen sation. And executives are making greater efforts to avoid pay cuts. Some CEOs, seeing their options "under water" or worthless because of falling stock prices, are seeking more pay in cash or in restricted stock.
According to the passage, Scott Klinger thinks______.
选项
A、all chief executive officers are above average
B、high executive pay reflects executives’ performance
C、the performance of high-paid executives wasn’t satisfying
D、the CEOs have created most of corporations’ value
答案
C
解析
观点判断题。第四段第一句“…did surprising poorly for their shareholds in 1999…”(CEO的成绩出奇的差)从中我们可以看出CEO们的表现不令人满意,所以C的表述是正确的。
转载请注明原文地址:https://kaotiyun.com/show/BfXO777K
0
在职攻硕英语联考
相关试题推荐
Oneofthemostfascinatingfieldsofpsychologyismemory.Thispassageisgoingto【C1】______afewthingsabouthowtoclassify
Oneofthemostfascinatingfieldsofpsychologyismemory.Thispassageisgoingto【C1】______afewthingsabouthowtoclassify
Oneofthemostfascinatingfieldsofpsychologyismemory.Thispassageisgoingto【C1】______afewthingsabouthowtoclassify
EconomistJohnMaynardKeynesoncesuggestedthatwhentheInternationalMonetaryFundimposedstrictconditionsonanationsee
Theevolutionofsexratioshasproduced,inmostplantsandanimalswithseparatesexes,approximatelyequalnumbersofmalesa
Ideally,anatomicalinvestigationconsistsofacombinationofdescriptiveandexperimentalapproaches.Present-dayanatomyinvo
Inordertoworkheretheforeignerneedsaworkpermit,whichmustbe【C1】______forbyhisprospectiveemployer.Theproblemher
Theseinstrumentsaresopowerfulastoenablethemtoascertainmanyfactsofthedeepestinterest.
InarecentSundayschoolclassinachurchintheNortheast,agroupofeight-toten-year-oldswereinadeepdiscussionwith
A、Atacoffeeshop.B、Inthestreet.C、Atone’shome.D、Inarestaurant.C女士说:Max!真是太巧了!我正要给你打电话呢。男士说:我恰巧在附近,所以想顺道来拜访一下。女士说:请进吧,
随机试题
安全教育的原则是什么?
补骨脂具有的功效是
A.便色黄或暗绿,有腥臭味B.便次较多,发育不受影响C.黏液脓血便,常伴有发热D.血便或呈“赤豆汤样”便E.便泡沫多,含黏液,豆渣样白色念珠菌肠炎
A企业与B企业签订了购买一套设备的合同,双方约定,B企业于8月3日前交货,货到后5天之内,A企业付款。同年8月3日,A企业被某债权人向人民法院申请破产,人民法院于8月5日依法受理,对该尚未履行的合同应当如何处理?()
用成本法评估商品住宅的价格时,其中的土地价格为()求取。
根据《商业银行法》,商业银行破产财产的分配顺序是()。
下列有关动机水平的说法,错误的是()
现在中学教师也面临新的学位压力,不少中学都开始要求并鼓励本校教师攻读硕士学位。阳光中学的一些语文老师取得了硕士学位。因此,阳光中学的有些男教师取得了硕士学位。以下哪项为真,最能支持上述论证的成立?
JackaskedTomtoreturnthestorybooknextMonday.Tom______toreturnthestorybooknextMonday.
Readthearticlebelowaboutprojectmanagement.Choosethebestsentencefromtheoppositepagetofilleachofthegaps.
最新回复
(
0
)