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
48
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、Businessmanandcustomer.B、Fatheranddaughter.C、Interviewerandinterviewee.D、ConsultantandclientC
Aroundtheworldmoreandmorepeoplearetakingpartindangeroussportsandactivities.Ofcourse,therehavealwaysbeenpeop
Thepooroldconsumer!We’dhavetopayagreatdealmoreifadvertisingdidn’tcreatemassmarketsforproducts.Itisprecisel
Wikipedia’sTrembling[A]Wikipediaisdying!Wikipediaisdying!That’sthelinerepeatedbythemediaeverysixmonthsorsosi
A、Hisvisionandhistravelallovertheworld.B、Hisexpertiseandbusinessmarketingskills.C、Themoneywepayforthe"infor
Secondhandsmokeisaccountablefor42,000deathsannuallytononsmokersintheUnitedStates,includingnearly900infants,acc
Secondhandsmokeisaccountablefor42,000deathsannuallytononsmokersintheUnitedStates,includingnearly900infants,acc
Since2007,theAmericanPsychologicalAssociation(APA)hasconductedasurveyofdifferentaspectsofstressinAmerica.Thisye
A、Theeffectsoftheflood.B、Thepricesoffruitsandvegetables.C、Thecauseoftheflood.D、Floodsofthepasttwentyyears.
A、Themanshouldgofortheexchangeprogram.B、ThemanshouldnotgototheU.S.for3months.C、Manypeoplewanttogoforthe
随机试题
______wayismoreefficientisstillaquestion.
金黄色葡萄球菌肺炎在X线上有哪些特征
治疗腹泻伤阴的主方是治疗腹泻伤阳的主方是
男,35岁,2小时前突然呕鲜血约1000ml来院,2年前诊断为慢性乙型肝炎。查体:贫血貌,BP90/60mmHg,P120次/分,肝肋下未触及,脾肋下3cm。血红蛋白60g/L,红细胞2.6×1012/L,血小板60×109/L,最有效的紧急
此时该病儿主要的心理压力来源是病儿主要的身心反应是
AccordingtoSearle’sclassificationofspeechacts,"Shallwegotothezoo?"isagoodexamplefor____.
HenryoftenhelpslookafterGrannyWang,but______.
以注重身心的和谐发展,教育内容比较丰富,教育方法比较灵活为特征的是古代()。
事物的质变采取爆发式或非爆发式形式取决于()。
Ourape-menforefathershadnoobviousnaturalweaponsinthestrugglefor【C1】______intheopen.Theyhadneitherthepowerfult
最新回复
(
0
)