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
2017-02-01
79
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/HzU7777K
0
大学英语六级
相关试题推荐
A、Hecanofferamuchcheaperpriceforthiscar.B、Hisannualsavingsarequiteenoughtobuythiscar.C、Thiscarneedslessp
Aroundtheworldmoreandmorepeoplearetakingpartindangeroussportsandactivities.Ofcourse,therehavealwaysbeenpeop
Aroundtheworldmoreandmorepeoplearetakingpartindangeroussportsandactivities.Ofcourse,therehavealwaysbeenpeop
Wikipedia’sTrembling[A]Wikipediaisdying!Wikipediaisdying!That’sthelinerepeatedbythemediaeverysixmonthsorsosi
A、Sixpeoplewerearoundher.B、Shewastheonlyonealive.C、Deadbodieswerearoundher.D、Herlegswerebadlyinjured.C全文叙述整
A、Ithasbeensellingcupcakesforyears.B、Itsellscupcakes24hourseveryday.C、Itonlyoffersoneflavorofcupcakes.D、Iti
Since2007,theAmericanPsychologicalAssociation(APA)hasconductedasurveyofdifferentaspectsofstressinAmerica.Thisye
Since2007,theAmericanPsychologicalAssociation(APA)hasconductedasurveyofdifferentaspectsofstressinAmerica.Thisye
MostvolcanoesarequietTheyrestpeacefullyforhundredsofyears.Noonepaysmuchattentiontothem.MountSt.Helenswasone
随机试题
导游人员在运用道歉语言时,应注意的是()。
根据《医疗机构制剂注册管理办法(试行)》,下列可作为医疗机构制剂申报的是()。
给水厂的总体设计的基本原则是()。
某公募基金管理公司基金经理甲的妻子进行证券投资,甲没有向所在公司事先申报,违反了()的职业道德要求。[2015年9月真题]
4,4,6,9,10,25,14,()
在人际交往中,有一种互补理论:两个人在人生观和价值观方面比较______,而在才能和兴趣方面有所不同,这样既会彼此欣赏,又能______,相处也比较舒服,做起事来也会比较和谐。填入划横线部分最恰当的一项是()。
①随着人类的进化、家族意识的产生,祭祀已非王族所独享,巫的分化也便开始了②相比国家、族群层面的巫,这种巫应属“小巫”了,这类小巫主要包括山、医、命、卜等几类③作为未知世界在俗世的代言人,巫解群体心理之疑、释群体大事之惑,给先民们以行动上的指领和心理上的
全国运动会举行女子5000米比赛,辽宁、山东、河北各派了三名运动员参加。比赛前,四名体育爱好者在一起预测比赛结果。甲说:“辽宁队训练就是有一套,这次的前三名非他们莫属。”乙说:“今年与去年可不同了,金、银、铜牌辽宁队顶多拿一个。”丙说:“据我估计,山东队或
Ihavehadjustaboutenoughofbeingtreatedlikeasecond-classcitizen,simplybecauseIhappentobethatput-uponmemberof
Wearenowlivinginasocietyofseverecompetition.Studentsneedtocompeteforbetterschool;companiescompeteforbetterp
最新回复
(
0
)