[A]ambiguous[B]complete[C]consensus[D]dominate[E]evident[F]examined[G]extract[H

游客2024-09-19 25

问题 [A]ambiguous[B]complete[C]consensus[D]dominate[E]evident
[F]examined[G]extract[H]fraction[I]magnitude[J]necessarily
[K]overworked[L]related[M]resources[N]scant[O]threats
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. [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。此处句意为：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”，故本题正确答案为necessarily。

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[A]ambiguous[B]complete[C]consensus[D]dominate[E]evident[F]examined[G]extract[H

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