NO.PZ2022120701000048
问题如下:
Which executive remuneration concern is most likely expressed by board members?
选项:
A.Across the market as a whole, executive pay rates continue to ratchet up.
B.Executive pay does not reflect the market performance of the shares.
C.The executive pay structure does not incentivize executives to deliver maximum value.
解释:
Misunderstandings between board members and investors over executive pay have led to a lack of trust between the two parties, with board members concerned that their remuneration proposals could be voted down by investors This situation may lead to the negotiation of a compromised executive pay structure that does not necessarily enable the executives to unlock the full potential of the company but is likely to receive voting support from investors Broader concerns about market rates for executive pay and potential disconnects between executive pay and market performance are more often expressed by investors who are not on the board感觉b和c说的是相似的意思,b说高管薪酬与股价不一致,也就是bonus激励机制不完善,难道董事会不会担心这个问题吗?c选项是高管薪酬激励没有最大化,我理解的激励机制不就是bonus吗?为什么选c而不选b呢?看其他解析说选c是考虑到了股东和董事会之间的矛盾,不明白这和股东有什么关系