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.Which of the following has contributed to CEO pay rise?A.The growth in the number of corporationsB.The general pay rise with a better economyC.Increased business opportunities for top firmsD.Close cooperation among leading economies
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.Which of the following has contributed to CEO pay rise?
A.The growth in the number of corporations
B.The general pay rise with a better economy
C.Increased business opportunities for top firms
D.Close cooperation among leading economies
B.The general pay rise with a better economy
C.Increased business opportunities for top firms
D.Close cooperation among leading economies
参考解析
解析：本题目为细节题，考察具体细节。根据题干关键词CEO pay rise及题干中对CEO薪酬增加原因的提问，定位到第二段首句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.了解CEO薪酬增长的最佳模式是，CEO人才在一个顶级公司的商业机会迅速增长的世界里是有限的。正确答案C Increased business opportunities for top firms增加顶级公司商业机会的增加。干扰项A的The growth in the number of corporations公司数量的增长，文中并不是说公司数量而是商业机会，属于偷换概念。选项B的The general pay rise with a better economy好转的经济带来的普遍加薪，文中并未提到better economy，属于无中生有。选项D的Close cooperation among leading economies主要经济体之间的密切合作，文中也并未提到经济体之间的何做，属于无中生有。
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