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The question facing Swiss voters on March 3rd was called the "people’s initiative against fat-cat pay". With a billing like that
The question facing Swiss voters on March 3rd was called the "people’s initiative against fat-cat pay". With a billing like that
admin
2018-03-01
73
问题
The question facing Swiss voters on March 3rd was called the "people’s initiative against
fat-cat pay
". With a billing like that, who wouldn’t vote yes? As it happened, 68% of the electorate did, passing a measure that requires listed companies to offer shareholders a binding vote on senior managers’ pay and appointments at each annual general meeting. The penalty for bosses who fail to comply is up to three years in jail or the forfeit of up to six years’ salary. Switzerland’s penchant for direct democracy has trumped its tolerance for tycoons.
Swiss business is shaken. It had backed a "counter-initiative" giving shareholders more voting powers without threatening criminal sanction. That was rejected by voters. The new law, which will be written into the constitution, endangers Switzerland as an investment destination, the business lobby claims. Economiesuisse, the Swiss Business Federation, now accepts the popular verdict but warns that such complex and highly charged changes must be implemented carefully. The laws needed to put the vote into practice will take ten years to write, some cynics suggest.
The initiative is the brainchild of Thomas Minder, who runs his family’s toiletries business. He has apparently never forgiven Swissair for backing out of a contract when it nearly went bankrupt 12 years ago and then awarding its former boss a big pay-off. Mr Minder’s campaign gained momentum last month on news that Novartis, a Swiss drug firm, intended to pay its departing chairman, Daniel Vasella, a severance package of SFr72m ($76m). Mr Vasella later refused the package.
After Mr Minder’s victory it will become harder to extend such corporate generosity. Some of the new restrictions seem sensible. Shareholder votes on executive pay, hitherto ad hoc and advisory, will become routine and binding. Pension funds will be required to vote in the interests of their members and make their votes public. Board members will not be permitted to have consulting or other contracts with firms in the same group.
But other provisions are more burdensome. The law will ban incentives that can be useful, such as "golden hellos" and severance packages for board members. It will also bar them from accepting rewards for buying or selling company divisions.
The new bindings include all EXCEPT that ______.
选项
A、stakeholder determines manager’s salary through voting
B、members of board are banned from making internal deal
C、board members are not allowed to contact with other companies
D、the amount of retirement money should be voted and announced
答案
C
解析
根据题干中的“new bindings(新的约束)”定位到第四段的“new restrictions(新的限制)”。答案来自后面几个句子。选项A对应第三句:Shareholder votes on executive pay...其中“stakeholder”=“shareholder”;“determines...through voting”=“votes”;“manage’s salary”=“executive pay”。故该项与原文相符。选项D对应倒数第二句:Pension funds will be required to vote in the interests of their members and make their votes public.其中“retirement money”=“pension fund”;“should be voted”=“will be required to vote”;“announced”=“make their votes public”。故该项与原文相符。选项B和C对应最后一句:Board members will not be permitted to have consulting or other contracts with firms in the same group.其中选项C中的“not allowed to contact with other companies(不能与其他公司交流)”与原文“not be permitted to have consulting or other contracts with firms in the same group(不能与同一集团的其他公司商议或签署合同)”不符。而选项B的“banned from making internal deal(禁止内部交易)”与之相符。故本题与原文表述不一致的答案为选项C。
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0
考研英语一
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