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
32
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.
Which of the following can be the best title of the passage?
选项
A、Still High in a Slowdown, Executive Pay Draws Looks.
B、Layoffs Mount While Executive Pay Roars.
C、The Story Happened in Lake Wobegon.
D、Defenders of Lavish CEO Pay.
答案
A
解析
主旨归纳题,文章主要论述了商业低迷,但CEO的薪酬却持续升高这一现象,故选项A“经济仍旧不景气,CEO薪酬惹人眼”,最为合适,故答案为A。
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
Aperson’shomeisasmuchareflectionofhispersonalityastheclotheshewears,thefoodheeatsandthefriendswithwhomh
Today,wearegoingtobecontinuingourdiscussionofevolution,specificallyhowtheforcesofnaturalselectionandenvironme
By1830theformerSpanishandPortuguesecolonieshadbecomeindependentnations.Theroughly20million【C1】______ofthesenati
AcenturyagointheUnitedStates,whenanindividualbroughtsuitagainstacompany,publicopiniontendedtoprotectthatcom
AcenturyagointheUnitedStates,whenanindividualbroughtsuitagainstacompany,publicopiniontendedtoprotectthatcom
Hewastrainedasadoctorbut______todiplomacy.
Themarketfordustmasksandairpurifiersis______inBeijingbecausethecapitalhasbeenshroudedforseveraldaysinthickf
Theevolutionofsexratioshasproduced,inmostplantsandanimalswithseparatesexes,approximatelyequalnumbersofmalesa
Theriseof"temp"workhasfurthermagnifiedthedecreasingrightsandalienationoftheworker.Itiscommoncorporatepractic
Hedoesn’teatpork,but______thathe’lleatjustaboutanything.
随机试题
在教育评价过程中,教育评定是()
患者,女,40岁。已婚,近1个月来无诱因出现情绪低落,晨重夜轻,对生活失去信心,食欲减退、精力下降,有自杀意念,睡眠差,有早醒,该患者最可能的诊断是
男性,40岁,体重60kg,烧伤总面积为60%,伤后第一个24小时所需补液量是
脑卒中最强的不可控性单一危险因素是()。
陈先生夫妇今年均已40岁,家里存款在50万元左右。他和妻子两个人每月收入大约1万元,月花费近4000元。陈先生和妻子计划在10年后退休,假设他们退休后再生存30年,且他们每年花费18万元(注:这笔钱在每年年初拿出),减掉基本养老保险和保险公司给予的保险金
北京阳光山谷马术俱乐部,位于朝阳区顺白鹭马泉营,会员数量居北京马术同行业之首。()
假设有以下C语言定义语句,表达式(31)不能正确引用值为7的数组元素。 int y[4][4]={1,2,3,4,5,6,7,8,9,10},*py1=y[1],(*py2)[4]=y;
Somepeoplefeelsadordepressedduringthewintermonthsinnorthernareasoftheworld.Theymayhavetroubleeatingorsleep
A、Nooneknowsforsurewhentheycameintobeing.B、Nooneknowsexactlywheretheywerefirstmade.C、Nooneknowsforwhatpu
An"applepolisher"isonewhogivesgiftstowinfriendshiporspecialtreatment.Itisnotexactlyabribe(贿赂),butiscloset
最新回复
(
0
)