首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
Ruth Simmons joined Goldman Sachs’s board as an outside director in January 2000; a year later she became president of Brown Uni
Ruth Simmons joined Goldman Sachs’s board as an outside director in January 2000; a year later she became president of Brown Uni
admin
2016-01-05
69
问题
Ruth Simmons joined Goldman Sachs’s board as an outside director in January 2000; a year later she became president of Brown University. For the rest of the decade she apparently managed both roles without attracting much criticism. But by the end of 2009 Ms. Simmons was under fire for having sat on Goldman ’ s compensation committee; how could she have let those enormous bonus payouts pass unremarked? By February the next year Ms. Simmons had left the board. The position was just taking up too much time, she said.
Outside directors are supposed to serve as helpful, yet less biased, advisers on a firm’s board. Having made their wealth and their reputations elsewhere, they presumably have enough independence to disagree with the chief executive’ s proposals. If the sky, and the share price, is falling, outside directors should be able to give advice based on having weathered their own crises.
The researchers from Ohio University used a database that covered more than 10,000 firms and more than 64,000 different directors between 1989 and 2004. Then they simply checked which directors stayed from one proxy statement to the next. The most likely reason for departing a board was age, so the researchers concentrated on those "surprise" disappearances by directors under the age of 70. They found that after a surprise departure, the probability that the company will subsequently have to restate earnings increases by nearly 20%. The likelihood of being named in a federal class-action lawsuit also increases, and the stock is likely to perform worse. The effect tended to be larger for larger firms. Although a correlation between them leaving and subsequent bad performance at the firm is suggestive, it does not mean that such directors are always jumping off a sinking ship. Often they "trade up", leaving riskier, smaller firms for larger and more stable firms.
But the researchers believe that outside directors have an easier time of avoiding a blow to their reputations if they leave a firm before bad news breaks, even if a review of history shows they were on the board at the time any wrongdoing occurred. Firms who want to keep their outside directors through tough times may have to create incentives. Otherwise outside directors will follow the example of Ms. Simmons, once again very popular on campus.
It can be inferred from the last paragraph that outside directors
选项
A、may stay for the attractive offers from the firm.
B、have often had records of wrongdoings in the firm.
C、are accustomed to stress-free work in the firm.
D、will decline incentives from the firm.
答案
A
解析
推断题。根据文章最后一段最后两句的第二句提到,想要在困境中留住外部董事的公司可能采用新的激励政策,否则,这些外部董事有可能效仿Ms.Simmons。因此,A项“可能因为公司的诱人条件而留下”,与原文意思相符.因此是正确选项。B项“在公司里往往留下劣迹”,C项“习惯于公司里没有压力的工作”与文中信息不符,文中也没提到;D项“会拒绝公司的激励”,与原文的意思相反。
转载请注明原文地址:https://www.kaotiyun.com/show/E3sZ777K
0
考研英语一
相关试题推荐
GivenalltheroilingdebatesabouthowAmerica’schildrenshouldbetaught,itmaycomeasasurprisetolearnthatstudentssp
Inwhatweliketothinkofas"primitive"warriorcultures,thepassagetomanhoodrequiresthebloodingofaspear,thetaking
Inwhatweliketothinkofas"primitive"warriorcultures,thepassagetomanhoodrequiresthebloodingofaspear,thetaking
Inwhatweliketothinkofas"primitive"warriorcultures,thepassagetomanhoodrequiresthebloodingofaspear,thetaking
A.InrecentyearsPurduehaslaunchedabatteryofexploratorycoursesacrossdisciplinestohelpstudentsgetabetterideaof
Whatwouldyoudowith$590m?Thisisnowa(n)【B1】______forGloriaMacKenzie,an84-year-oldwidowwhorecently【B2】______fromh
Whatwouldyoudowith$590m?Thisisnowa(n)【B1】______forGloriaMacKenzie,an84-year-oldwidowwhorecently【B2】______fromh
Asmillionsoffamiliesplansummervisits,theworld’sfirst,oldest,largest,andmostenviedcollectionofnationalparksis
AsAmericamovesintothe21stcentury,thechangingcompositionoftheworkforcewillbecomemoreevidenttoboththegeneralp
TheInternetbeganinthe1960sasasmallnetworkofacademicandgovernmentcomputersprimarilyinvolvedinresearchfortheU
随机试题
A.内侧膝状体B.外侧膝状体C.腹后内侧核D.腹外侧核E.腹后外侧核接受头面部浅深感觉冲动的结构是()
A.咯铁锈色痰B.咯粉红色泡沫痰C.咯吐大量鲜血D.咯大量脓痰E.干咳无痰肺炎球菌肺炎,常伴有
对治疗慢性心功能不全的血管扩张药的药效描述错误的是
我国历史上把漏刻作为记时仪器,已使用了几千年,现存最早的记时仪器漏刻是____________时期出土的。
2007年某国有低压电器厂的财会机构负责人于某由于工作调动,该厂厂长刘某任命他的好友,刚取得会计从业资格证书的行政科李某为新的财会机构负责人,按照规定办理交接后于某调离该厂。李某为报答厂长刘某的知遇之恩,将刘某中专财会毕业没有会计从业资格证书的女儿招聘到厂
甲公司由于受国际金融危机的不利影响,决定对乙事业部进行重组,将相关业务转移到其他事业部。经履行相关报批手续,甲公司对外正式公告其重组方案。为了实施重组方案,甲公司预计发生以下支出或损失:对自愿遣散的职工将支付补偿款30万元;因强制遣散职工应支付的补偿款10
下列选项中,哪一个不是义务教育的基本特征()。
“蹒跚学步”属于动作技能学习的()。
Runningmaybethesinglemosteffectiveexercisetoincreaselifeexpectancy,accordingtoanewreviewandanalysisofpastre
选词填空。A印象B得到C质量D打扰E占线F坚持例如:她每天都(F)走路上下班,所以身体一直很不错。对不起,()一下,请问,中国银行怎么走?
最新回复
(
0
)