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
考研
Ruth Simmons joined Goldman Sachs’s board as an outside director in January 2000; a year later she became president of Brown Uni
Ruth Simmons joined Goldman Sachs’s board as an outside director in January 2000; a year later she became president of Brown Uni
admin
2016-01-05
71
问题
Ruth Simmons joined Goldman Sachs’s board as an outside director in January 2000; a year later she became president of Brown University. For the rest of the decade she apparently managed both roles without attracting much criticism. But by the end of 2009 Ms. Simmons was under fire for having sat on Goldman ’ s compensation committee; how could she have let those enormous bonus payouts pass unremarked? By February the next year Ms. Simmons had left the board. The position was just taking up too much time, she said.
Outside directors are supposed to serve as helpful, yet less biased, advisers on a firm’s board. Having made their wealth and their reputations elsewhere, they presumably have enough independence to disagree with the chief executive’ s proposals. If the sky, and the share price, is falling, outside directors should be able to give advice based on having weathered their own crises.
The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004. Then they simply checked which directors stayed from one proxy statement to the next. The most likely reason for departing a board was age, so the researchers concentrated on those "surprise" disappearances by directors under the age of 70. They found that after a surprise departure, the probability that the company will subsequently have to restate earnings increases by nearly 20%. The likelihood of being named in a federal class-action lawsuit also increases, and the stock is likely to perform worse. The effect tended to be larger for larger firms. Although a correlation between them leaving and subsequent bad performance at the firm is suggestive, it does not mean that such directors are always jumping off a sinking ship. Often they "trade up", leaving riskier, smaller firms for larger and more stable firms.
But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news breaks, even if a review of history shows they were on the board at the time any wrongdoing occurred. Firms who want to keep their outside directors through tough times may have to create incentives. Otherwise outside directors will follow the example of Ms. Simmons, once again very popular on campus.
It can be inferred from the last paragraph that outside directors
选项
A、may stay for the attractive offers from the firm.
B、have often had records of wrongdoings in the firm.
C、are accustomed to stress-free work in the firm.
D、will decline incentives from the firm.
答案
A
解析
推断题。根据文章最后一段最后两句的第二句提到,想要在困境中留住外部董事的公司可能采用新的激励政策,否则,这些外部董事有可能效仿Ms.Simmons。因此,A项“可能因为公司的诱人条件而留下”,与原文意思相符.因此是正确选项。B项“在公司里往往留下劣迹”,C项“习惯于公司里没有压力的工作”与文中信息不符,文中也没提到;D项“会拒绝公司的激励”,与原文的意思相反。
转载请注明原文地址:https://kaotiyun.com/show/E3sZ777K
0
考研英语一
相关试题推荐
GivenalltheroilingdebatesabouthowAmerica’schildrenshouldbetaught,itmaycomeasasurprisetolearnthatstudentssp
Inwhatweliketothinkofas"primitive"warriorcultures,thepassagetomanhoodrequiresthebloodingofaspear,thetaking
ThesaleoftheWashingtonPosttoJeffBezosisjustthemostrecentepisodeinthedeclineandfallofprofessionaljournalism
Thereisanoldsayingthatphilosophybakesnobread.Itisperhapsequallytruethatnobreadwouldeverhavebeenbakedwitho
AroundhalfofallteenagersintheUKareputtingthemselvesatriskoffoodpoisoningbecausetheydon’twashtheirhandsbefo
TheInternet,e-commerceandglobalizationaremakinganeweconomicerapossible.Bythemiddleofthe21stcentury,capitalis
TheInternet,e-commerceandglobalizationaremakinganeweconomicerapossible.Bythemiddleofthe21stcentury,capitalis
TheInternet,e-commerceandglobalizationaremakinganeweconomicerapossible.Bythemiddleofthe21stcentury,capitalis
Eveninthecurrenteconomicgloom,bankershavebeenreluctanttopartwithonemassiveallowanceoftheirjobs—thelavishbonu
随机试题
下列哪项不是瘾疹的病因病机()
急慢性白血病最主要的区别是
在执行程序中,谢大柱可否主持调解,为什么?E市K区人民法院是否能以妨害民事诉讼秩序为由,对吴小明采取强制措施,为什么?
定势对迁移的影响表现为________和________两种。
人的身心发腱的源泉和动力在于()。
公安机关要有力地防范和打击敌对势力、敌对分子的破坏活动,积极防范和严厉打击各种严重刑事犯罪,尤其是经济领域的严重犯罪活动。()
科学家发现,儿童时期不接触细菌和病菌,是5岁以下人群糖尿病病例近年来急剧增加的主要原因之一。而那些生活在农村的孩子由于更早接触到带菌的物质,有更多机会与宠物相处,患过敏症、哮喘和湿疹等疾病的几率反而很低。所以,将细菌消灭得过于彻底的环境可能反而会给儿童的健
证明:当χ>1时,
Anindustrialsociety,especiallyoneascentralizedandconcentratedasthatofBritain,isheavilydependentoncertainessent
Americanseat_______________(两倍多的蛋白质)theyactuallyneedeveryday.
最新回复
(
0
)