- 07/03/2019 at 7:34 am #1306699EduGorillaKeymasterSelect Question Language :Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
Pay-for-performance is the fundamental tenet of the American approach to executive compensation. While groups in Britain and Switzerland have (11) capping executive pay, investors and regulators in the United States are mainly (12) when there’s a (13) of pay versus performance. As long as a company is doing well, the sky’s the (14).Congress has (15) pay-for-performance. As mandated by the financial reform law known as the Dodd-Frank Act, the Securities and Exchange Commission proposed rules earlier this year to make it easier to compare actual pay with actual (16). The rules will require public companies to (17) a table comparing the amount of compensation paid to top executives with the total shareholder (18) of the company. Total shareholder return measures the change in the company’s stock price, plus any dividends paid out to shareholders. Critics worry that the “pay for performance” rule (19) short-term thinking. The National Association of Corporate Directors, for example, wrote in a comment on the proposed rule that an isolated emphasis on total shareholder return “can result in (20) focus on quarterly financial numbers.
Find out the appropriate word in each case.
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