Executive managers’ pay is still determined by simplistic measures of performance that bear little relation to long-term drivers

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问题     Executive managers’ pay is still determined by simplistic measures of performance that bear little relation to long-term drivers of companies’ value, according to an analysis of pay at FTSE (Financial Times Stock Exchange) 100 companies over the past decade.
    The research【C1】________executive remuneration (报酬) over the 10 years from 2003-2013 at 30 FTSE 100 companies, and found there was【C2】________correlation between the key performance indicators that companies highlighted to shareholders and the measures used to incentivize and reward senior staff. "Much of the discussion around executive compensation focuses on the【C3】________of bonus payments," said Natalie Winter Frost, chairwoman of CFA UK. "The more important question centers around the way that performance is measured and consequently incentivized. " The research found that chief executives’ pay showed a low level of correlation with company performance, regardless of the specific measure of performance used. " A large【C4】________of CEO pay appears unrelated to periodic value creation," said the report’s authors.
    Relatively simplistic performance measures such as earnings per share and total shareholder return continued to【C5】________the criteria which were used to measure executives’ performance over the period. Value-based metrics that【C6】________performances to the cost of capital were rarely used. Earnings per share can be boosted by, for example, M&A activity that does not【C7】________enhance profitability. The report said the dangers of over-reliance on such measures of executives’ performance were well documented and included; "investment myopia (目光短浅), earnings manipulation, excessive risk-taking, and【C8】________to organizational culture".
    "There are【C9】________flaws in current remuneration policies and whilst our report highlights that compensation practices have improved, the journey is far from【C10】________," said Ms Winter Frost.
    A) ambiguous    F) examined      K) overworked
    B) complete     G) extract       L) related
    C) consensus    H) fraction      M) resources
    D) dominate     I) magnitude     N) scant
    E) evident      J) necessarily   O) threats
【C6】

选项

答案L

解析 动词辨析题。分析句子结构可知,空格位于that引导的定语从句中,该定语从句缺少谓语动词,再结合空格所在句的时态可知,空格处应填入动词的过去式。此处意为:很少有哪家公司采用将业绩与资金成本________的基于价值的衡量尺度。结合本段首句可知,目前大部分公司采用的都是相对简单化的业绩衡量尺度,将业绩与资金成本关联的衡量尺度很少使用。结合备选项可知,空格处应填入related“把……联系起来”,本题答案为L)。
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