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TinaWang · 2024年06月19日

可以解釋一下這題?以及在講叉那裡有提到?謝謝

NO.PZ2024010505000006

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:

C is correct. 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 compromise 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.

可以解釋一下這題?以及在講叉那裡有提到?謝謝

1 个答案

Tina_品职助教 · 2024年06月20日

嗨,爱思考的PZer你好:


这道题目主要考察的是关于董事会成员对于高管薪酬的担忧点。

选项A:"Across the market as a whole, executive pay rates continue to ratchet up."

这个选项讨论的是整体市场的高管薪酬水平不断上升。这更可能是投资者的关注点,他们希望公司的薪酬与市场相符,并控制不合理的增长。

选项B:"Executive pay does not reflect the market performance of the shares."

这个选项指出了高管薪酬与公司股票市场表现之间的脱节。投资者通常对高管薪酬与公司绩效不一致的问题更为关心,因为他们希望高管薪酬能够反映公司的实际业绩。

选项C:"The executive pay structure does not incentivize executives to deliver maximum value."

这个选项关注的是高管薪酬结构未能激励高管实现公司最大价值。董事会成员的主要任务是制定和批准高管薪酬方案,他们的关注点通常在于薪酬结构是否能够激励高管努力工作,推动公司业绩的提升。因此,董事会成员更可能对薪酬结构是否能激励高管达到最佳表现表示担忧。

这部分内容在课件p53

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虽然现在很辛苦,但努力过的感觉真的很好,加油!