(二)根据以下材料,回答下列问题:Businesshasslowed,layoffsmount,butexecutivepaycontinuestor

发布时间:2021-01-07 17:15:16

共享题干题                                                   (二)     根据以下材料,回答下列问题:    Business has slowed, layoffs mount, but executive pay continues to roar-at least so far. Business Week's annual survey finds that chief executive officers (CEOs) at 365 of the largest panies got pensation last year averaging $3.1 million-up 1.3 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 maybe what experts call the "Lake Wobegon effect" . Corporate boards tend to reckon that "all CEOs are above average" -a play on Garrison Keillor's famous line in his public radio show, A Prairie Home Companion, that all the town's children are "above average" . Consultants provide boards with surveys of corporate CEO pensation. Since directors are reluctant to regard their CEOs as below average, the pensation mittees of boards tend to set pay at an above-average level. The result: pay levels get ratcheted ( 一步步地增加 ) up.           Defenders of lavish CEO pay argue there is such a strong demand for experienced CEOs that the free market forces their pay up. They further maintain most boards structure pay packages to reflect an executive's performance. They get paid more if their panies and their stock do well. So panies with high-paid CEOs generate great wealth for their shareholders.      But the supposed cream-of-the-crop executives did surprisingly poorly for their shareholders in 1999, says Scott Klinger, author of this report by a Boston-based Organization United for a Fair Economy. If an investor had put $10,000 apiece at the end of 1999 into the stock of those panies with the 10 highest- paid CEOs, by year-end 2000 the investment would have shrunk to $8,132. If $10,000 had been put into the Standard & Poor's 500 stocks, it would have been worth $9,090. To Mr. Klinger, these findings suggest that the theory that one person, the CEO, is responsible for creating most of a corporation's value is dead wrong. "It takes many employees to make a corporation profitable."    With profits down, corporate boards may make more effort to tame executive pensation. And executives are making greater efforts to avoid pay cuts. Some CEOs, seeing their options "under water" or worthless because of falling stock prices, are seeking more pay in cash or in restricted stock.1.[不定向选择题]The author mentioned "Lake Wobegon effect" in the second paragraph in order to__________A.explain why all CEOs are above average B..show the play named A Prairie Home panion C.describe the town's children who are above average D..suggest one possible reason for why CEOs get high pay 2.[不定向选择题]According to the passage, Scott Klinger thinks__________A.all chief executive officers are above average B.high executive pay reflects executives' performance C.the performance of high-paid executives wasn't satisfying D.the CEOs have created most of corporations' value

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1.参考答案:D
参考解析:第二段第三句“one reason maybe what expels call the Lake Wobegon effect”可知,Lake Wobegon effect是CEO的薪酬持续升高的一个理由,与D选项表达一致。
2.参考答案:C
参考解析:第四段第一句“…did surprising poorly for their shareholders in 1999…”(CEO的成绩出奇地差)从中我们可以看出CEO们的表现不令人满意,所以C的表述是正确的。3.[不定向选择题]Which of the following can be the best title of the passage?A.Still High in A Slowdown, Executive Pay Draws Looks. B.Layoffs Mount While Executive Pay Roars. C.The Story Happened in Lake Wobegon. D.Defenders of Lavish CEO Pay.
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