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
It is fashionable today to bash Big Business. And there is one issue on which the many critics agree: CEO pay. We hear that CEOs
It is fashionable today to bash Big Business. And there is one issue on which the many critics agree: CEO pay. We hear that CEOs
admin
2020-02-10
83
问题
It is fashionable today to bash Big Business. And there is one issue on which the many critics agree: CEO pay. We hear that CEOs are paid too much (or too much relative to workers), or that they rig others’ pay, or that their pay is insufficiently related to positive outcomes. But the more likely truth is CEO pay is largely caused by intense competition.
It is true that CEO pay has gone up—top ones may make 300 times the pay of typical workers on average, and since the mid-1970s, CEO pay for large publicly traded American corporations has, by varying estimates, gone up by about 500%. The typical CEO of a top American corporation—from the 350 largest such companies—now makes about $18.9 million a year.
While individual cases of overpayment definitely exist, in general, the determinants of CEO pay are not so mysterious and not so mired in corruption. In fact, overall CEO compensation for the top companies rises pretty much. In lockstep with the value of those companies on the stock market.
The best model for understanding the growth of CEO pay, though, is that of limited CEO talent in a world where business opportunities for the top firms are growing rapidly. The efforts of America’s highest-earning 1% have been one of the more dynamic elements of the global economy. It’s not popular to say, but one reason their pay has gone up so much is that CEOs really have upped their game relative to many other workers in the U.S. economy.
Today’s CEO, at least for major American firms, must have many more skills than simply being able to “run the company.” CEOs must have a good sense of financial markets and maybe even how the company should trade in them. They also need better public relations skills than their predecessors, as the costs of even a minor slipup can be significant. Then there’s the fact that large American companies are much more globalized than ever before, with supply chains spread across a larger number of countries. To lead in that system requires knowledge that is fairly mind- boggling.
There is yet another trend: virtually all major American companies are becoming tech companies, one way or another. An agribusiness company, for instance, may focus on R&D in highly IT-intensive areas such as genome sequencing. Similarly, it is hard to do a good job running the Walt Disney Company just by picking good movie scripts and courting stars; you also need to build a firm capable of creating significant CGI products for animated movies at the highest levels of technical sophistication and with many frontier innovations along the way.
On top of all of this, major CEOs still have to do the job they have always done—which includes motivating employees, serving as an internal role model, helping to define and extend a corporate culture, understanding the internal accounting, and presenting budgets and business plans to the board. Good CEOs are some of the world’s most potent creators and have some of the very deepest skills of understanding.
Compared with their predecessors, today’s CEOs are required to______.
选项
A、foster a stronger sense of teamwork
B、finance more research and development
C、establish closer ties with tech companies
D、operate more globalized companies
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/csY4777K
0
考研英语二
相关试题推荐
ThemajordifferencebetweennarrativesalesandsuggestivesalesisthatAccordingtoAlan,creativityinsalespeople______.
Thebesttitleforthispassagewouldbe______.Defenseattorneysarevitaltothejudicialsystembecausewithoutthem,itwo
HenricIbsen,authoroftheplay"ADoll’sHouse",inwhichapretty,helplesshousewifeabandonsherhusbandandchildrentose
Nameshavegainedincreasingimportanceinthecompetitiveworldofhighereducation.Ascollegesstriveformarketshare,they
Americansdon’tliketolosewars.Ofcourse,alotdependsonhowyoudefinejustwhatawaris.Thereareshootingwars—theki
Theprocessofperceivingotherpeopleisrarelytranslated(toourselvesorothers)intocold,objectiveterms."Shewas5feet
Formostofthe20thcentury,Asiaaskeditselfwhatitcouldlearnfromthemodern,innovatingWest.Nowthequestionmustber
Scientistsoftenstruggletocommunicatethefindingsofresearch.Oursubjectmattercanbetechnicalandnoteasilydigestedb
Upuntilafewdecadesago,ourvisionsofthefuturewerelargely—thoughbynomeansuniformly—glowinglypositive.Science
[A]Don’twaittobeinspired[B]Don’tgetdiscouragedbyyourfailures[C]Focusonthepositiveresults[D]Delegate
随机试题
哪种疾病中性粒细胞碱性磷酸酶染色积分明显增加
鉴别是指
A.1B.2C.3D.4E.5第一激发态对应的主量子数n是
补气摄血的代表方是
张某趁李某全家出去旅游人室行窃,由于李某家现金不多,张某很是不满就将李某家的彩电、冰箱等电器砸坏。李某共计损失达12000元,其中现金损失4000元,电器损失8000元,李某全家旅游回来方知被盗事实,其妻受刺激住院,用去医疗费2000元,后张某被公安机关抓
()是招标的第一个环节,标志着招标投标活动的开始。
在下面四条有关进程特征的叙述中,其中正确的一条是()。
EPQ的P量表,分数高者的特征有()。
下列选项中,与实现运行时多态性无关的概念是
A、Hospital.B、Bank.C、Airport.D、Library.A
最新回复
(
0
)