首页
登录
职称英语
Executive managers’ pay is still determined by simplistic measures of perfor
Executive managers’ pay is still determined by simplistic measures of perfor
游客
2023-08-05
56
管理
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 [br] 【C7】
选项
答案
J
解析
副词辨析题。分析句子结构可知,空格位于that引导的定语从句中,该定语从句主谓宾齐全,空格位于does not和enhance之间,因此空格处应填入副词修饰enhance。此处意为:每股盈利可通过并购活动得到提升,此类操作不________提高利润。结合句意和备选项可知,necessarily“一定”符合题意,not necessarily意为“未必,不一定”,故本题答案为J)。
转载请注明原文地址:http://tihaiku.com/zcyy/2898785.html
相关试题推荐
[originaltext]Goodafternoon.Intoday’stalk,we’lldiscusshowmanagersc
[originaltext]Goodafternoon.Intoday’stalk,we’lldiscusshowmanagersc
[originaltext]Goodafternoon.Intoday’stalk,we’lldiscusshowmanagersc
[originaltext]Goodafternoon.Intoday’stalk,we’lldiscusshowmanagersc
[originaltext]W:(5)Agoodresumepredictshowyoumightperforminthatde
[originaltext]W:(5)Agoodresumepredictshowyoumightperforminthatde
Intelligencemakesforbetterleaders—fromundergraduatestoexecutivestop
Intelligencemakesforbetterleaders—fromundergraduatestoexecutivestop
Intelligencemakesforbetterleaders—fromundergraduatestoexecutivestop
Intelligencemakesforbetterleaders—fromundergraduatestoexecutivestop
随机试题
______(过去的30年见证了)therapiddevelopmentofscienceandtechnologyinthisarea.T
阿司匹林在潮湿的空气中会缓缓水解为A.对羟基苯胺和乙酸 B.水杨酸和甲酸 C
腧穴可分为( )。A.十二经穴、天应穴、阿是穴 B.十二经穴、奇穴、阿是穴
鱼腥草抗菌的主要活性成分是A.黄芩苷B.穿心莲内脂C.癸酰乙醛D.月桂醛E.苦参
设A、B两事件满足P(A)=0.8,P(B)=0.6,P(B/A)=0.8,则P
幼儿由于认知水平低,在思维、记忆、想象、判断等方面,往往会出现与事实不相符的情况
在设有空调系统的房间内,火灾探测器至空调送风口边的水平距离不应小于()m。A.3
满足亲和需要的行为可以是( )。A.参加社交活动 B.受到许多人的喜欢 C
(2013年)下列管理工具中,可用于项目时间管理的是()。A.工作分解结构(WB
2021年12月31日,某企业“生产成本”账户借方余额100万元,
最新回复
(
0
)