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It is true that CEO pay has gone up-top ones may make 300 times the pay of typical workers on average,and since the mid-1970s CEO pay for large publicly traded American corporations has,by varying estimates,gone up by about 500%The typical CEO of a top American corporation now makes about S18.9 million a year.The best model for understanding the growth of CEO pay is that of limited CEO talent in a world where business opportunities for the top firms are growing rapidly.The efforts of America's highest-earning 1%have been one of the more dynamic elements of the global economy.It's not popular to say,but one reason their pay has gone up so much is that CEOs really have upped their game relative to many other workers in the U.S.economy.Today's CEO,at least for major American firms,must have many mere skills than simply being able to“run the company"CEOs must have a good sense of financial markets and maybe even how the company should trade in them.They also need better public relations skills than their predecessors,as the costs of even a minor slipup can be significant.Then there's the fact that large American companies are much more globalized than ever before,with supply chains spread across a larger number of countries.To lead in that system requires knowledge that is farly mind-boggling plus,virtually all major American companies are beyond this major CEOs still have to do all the day-to-day work they have always done.The common idea that high CEO pay is mainly about ripping people off doesn't explain history very well.By most measures,corporate governmance has become a lot tighter and more rigorous since the 1970s.Yet it is principally during this period of stronger govemnance that CEO pay has been high and rising.That suggests it is in the broader corporate interest to recruit top candidates for increasingly tough jobs.”Furthermore,the highest CEO salaries are paid to outside candidates,not to the cozy insider picks,another sign that high CEO pay is not some kind of depredation at the expense of the rest of the company.And the stock market reacts positively when companies tie CEO pay to,say,stock prices,a sign that those practices build up corporate value not just for the CEO.

The most suitable title for this text would be______

  • A.CEOs Are Not Overpaid
  • B.CEO Pay:Past and Present
  • C.CEOs'challenges of Today
  • D.CEO Traits:Not Easy to Define
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答案: A
本题解析:

本题目为主旨题,考察文章主旨。根据题干分析文章主题词为CEO的薪酬,所以排除C项、D项选项A的CEOs Are Not Overpaid首席执行官的薪水并不高。选项B的CEO Pay:Past and Present CEO的薪酬:过去和现在,而CEO过去的薪酬并不是原文中心,属于偏离主题,因此正确选项为A。

更新时间:2021-12-12 03:11

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