六级课程经典
零基础适用HOT
去试听
六级1对1
定制化
核心词 背词计划
0元
听力 提升必看
0元
阅读 冲刺200+
0元
写作 高分模板
0元
历年真题大全
免费
模考 水平测试
热门
1V1速成方案VIP
Business has slowed, layoffs mount, but executivepay continues to roar-at least so far. BusinessWeek's annual survey finds that chief executiveofficers (CEOs) at 365 0f the largest US companiesgot compensation last year averaging $3.1 million-up l.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 whatexperts call the "Lake Wobegon effect". Corporate boards tend to reckon that "all CEOs areabove average"-a play on Garrison Keillor's famous line in his public radio show, A Prairie HomeCompanion, that all the town's children arc "above average". Consultants provide boards withsurveys of corporate CEO compensation. Since directors are reluctant to regard their CEOsas below average, the compensation committees of boards tend to set pay at an above-average level. The result; Pay levels get ratcheted up.
Defenders of lavish CEO pay argue there is such a strong demand for experienced CEOs thatthe free market forces their pay up. They further maintain most boards structure pay packagesto reflect an executive's performance. They get paid more if their companies and their stockdo 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 in1999, says Scott Klinger, author of this report by a Bostonbased Organization United for a FairEconomy. If an investor had put $10,000 apiece at the end of 1999 into the stock of thosecompanies with the 10 highest-paid CEOs, by year-end 2000 the investment would have shrunkto $8.132. If $10,000 had been put into the Standard & Poor's 500 stocks, it would havebeen worth $9,090. To Mr. Klinger, these findings suggest that the theory that one person, theCEO, is responsible for creating most of a corporation's value is dead wrong. "It takes manyemployees to make a corporation profitable."
With profits down, corporate boards may make more effort to tame executivecompensation. And executives are making greater efforts to avoid pay cut. Since CEOs, seeing their options "under water" or worthless because of falling stock prices, are seekingmore pay in cash or in restricted stock.
1.Which of the following statements is trueabout Garrison Keillor?
A) His idea on the CEOs was recognized bycor[,orate boards.
B) One of his lines had been modified to describethe CEOs.
C) His play pointed out that "all CEOs are above average".
D) His radio program aroused the "Lake Wobegon effect".
2.According to the second paragraph. CEOs' pay keeps soaring mainlybecause___________.
A) surveys indicate that CEOs deserve higher pay
B) consultants tend to believe CEOs are above average
C) directors' belief greatly influences the pay standard
D) compensation committees seldom evaluate the CEOs' ability
3.Scott Klinger most probably tends to agree Chat____________.
A) most people lose money in the investment into the stocks
B) the CEOs performance can't be reflected by the value of stocks
C) the CEOs are not the only factor that prospers a corporation
D) the pay of the CEOs greatly influences the profit of' a company
4."Cream-of-the-crop" is closest in meaning to____________.
A) competent
B) courageous
C) disappointing
D) hard-working
5.Which of the following is the biggest concern of the corporate boards?
A)The free market.
B)The CEOs’ performance.
C) The corporations' profit.
D)The CEOs’ pay.
大学英语六级寒假全程班
资料下载
2022年大选英语四级词汇完整带音标
发布时间:2020-04-15关注四六级小助手服务号
回复【过级词汇】获取
刘一男六级核心词汇完整版
发布时间:2020-04-15关注四六级小助手服务号
回复【过级词汇】获取
新东方英语口语终极教程word版
发布时间:2020-04-15关注四六级小助手服务号
回复【口语提升】获取
大学英语六级:练口语及单词lesson1-9
发布时间:2020-04-15关注四六级小助手服务号
回复【口语提升】获取
新东方在线[四六级王牌团队]典藏笔记
发布时间:2019-10-25关注四六级小助手服务号
回复【典藏笔记】获取
英语六级过级备考资料:经验+计划+语法
发布时间:2019-10-25关注四六级小助手服务号
回复【过级经验】获取
大学英语六级阅读解题经验技巧
发布时间:2019-10-25关注四六级小助手服务号
回复【阅读礼包】获取
英语四级写作诵读193经典句
发布时间:2019-10-25关注四六级小助手服务号
回复【写作指导】获取
英语六级听力讲义汇总资料
发布时间:2019-10-25关注四六级小助手服务号
回复【听力礼包】获取
英语六级口语考试练习小积累
发布时间:2019-10-25关注四六级小助手服务号
回复【口语提升】获取
大学英语六级核心高频词汇
发布时间:2019-10-25关注四六级小助手服务号
回复【过级词汇】获取
关注四六级小助手服务号回复【典藏笔记】获取
关注四六级小助手服务号,
获取学习资料
推荐阅读
更多>>新东方在线英语六级频道为备考英语六级的同学们整理了英语六级阅读精练,希望可以为大家带来帮助,一起来学习一下吧。 2022年6月大
2022年6月大学英语六级阅读精练50篇35:爱因斯坦轶事 英语六级阅读理解精炼第35篇,练习爱因斯坦轶事,含有六级阅读练习题,参考译
2022年6月大学英语六级阅读精练50篇34:缅怀林肯总统 英语六级阅读理解精炼第34篇,练习缅怀林肯总统,含有六级阅读练习题,参考译
2022年6月大学英语六级阅读精练50篇33:古埃及陵墓之谜 英语六级阅读理解精炼第33篇,练习古埃及陵墓之谜,含有六级阅读练习题,参
2022年6月大学英语六级阅读精练50篇32:女海盗的沉浮 英语六级阅读理解精炼第32篇,练习女海盗的沉浮,含有六级阅读练习题,参考译
专项提升公开课
更多>>136小时干货精讲,包邮3斤礼盒,无忧换课
价格 : ¥269
限报人数:1000人
随报随学 告别‘小聋瞎’
价格 : ¥0
限报人数:1000人
资料下载
更多>>关注四六级小助手服务号
回复【过级词汇】获取
关注四六级小助手服务号
回复【过级词汇】获取
关注四六级小助手服务号
回复【口语提升】获取
关注四六级小助手服务号
回复【口语提升】获取
关注四六级小助手服务号
回复【典藏笔记】获取
关注四六级小助手服务号
回复【过级经验】获取
关注四六级小助手服务号
回复【阅读礼包】获取
关注四六级小助手服务号
回复【写作指导】获取
关注四六级小助手服务号
回复【听力礼包】获取
关注四六级小助手服务号
回复【口语提升】获取
关注四六级小助手服务号
回复【过级词汇】获取
阅读排行榜
相关内容