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[A]ambiguous[B]complete[C]consensus[D]dominate[E]evident[F]examined[G]extract[H
[A]ambiguous[B]complete[C]consensus[D]dominate[E]evident[F]examined[G]extract[H
游客
2023-11-01
29
管理
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] 【C8】
选项
答案
O
解析
名词辨析题。分析句子结构可知,——to organizational culture与前面的三个名词短语并列,是对the dangers of over-reliance on…的举例说明,因此空格处应填入动名词或名词。结合前面的三个名列名词可知,空格处填入的名词应具有否定含义,备选项中的threats"威胁,可能带来危险的人或事"符合题意。
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