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
60
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
Itusedtobethatpeoplewereproudtoworkforthesamecompanyforthewholeoftheirworkinglives.They’dgetagoldwatch
Haveyoueverseenamovieinwhichabuildingwasburneddownorabridgewasdestroyed?Haveyouseenfilmsinwhichatrainc
DuringthetwoyearsthatpassedbetweenthedeathofhisfatherandhisestablishmentinLondon,Gibbonhadmadeapreliminary
Thedevelopmentofwritingwasoneofthegreathumaninventions.Itisdifficult【C1】______manypeopletoimaginelanguagewitho
Researchershavestudiedthepoorasindividuals,asfamiliesandhouseholds,asmembersofpoorcommunities,neighborhoodsand
Duringrecentyearswehaveheardmuchabout"race":howthisracedoescertainthingsandthatracebelievescertainthingsand
Thenumberofstay-at-homefathersreachedarecordhighlastyear,newfiguresshow,asfamiliessawa______infemalebreadwinn
Onanaverageofsixtimesaday,adoctorinHollandpractices"active"euthanasia:intentionallyadministeringalethal(致死的)dr
It’softenamistaketo______appearance;thatpoor-lookingindividualisanythingbutpoor.Infact,heisamillionaire.
Theroleofaprofessional()istohelptwopartiessolveconflictorappeasedisputethroughskillfuluseoflanguage.
随机试题
中外合资经营企业和中外合作经营企业的特点不同表现在()。
继兴中会之后,资产阶级革命团体在各地陆续成立。其中,以黄兴为会长的是()
基因表达就是
患儿,5岁,近日不思饮食,嗳腐酸馊,脘腹胀满,大便酸臭,疼痛拒按,夜寐不安,手足心热,苔白厚腻,脉弦滑,治宜选用的方剂是()。
居住区内管线埋深和交叉的相互垂直净距,一般要考虑下列()因素。
能够作为抵押物的有( )。
经核准延期办理纳税申报、报送事项的,应当在纳税期内按照上期实际缴纳的税额或者税务机关核定的税额预缴税款,并在核准的延期内办理税款结算。()(2014年)
下图为世界某区域示意图。图中a为等温线(℃),b为洋流。据此完成下列问题。下列四幅“海洋表层水等温线(℃)与洋流示意图”中,与洋流b相符的是()。
甲向H银行贷款,以其别墅设定抵押。之后,甲在别墅院内建造了独立车库。贷款到期,甲无力偿还。H银行享有优先受偿权的财产:
•Youwillhearfiveshortrecordings.•Foreachrecording,decidewhatthespeaker’sstrategyisforsuccessinmanagement.•
最新回复
(
0
)