高管薪酬：在愤怒的时代重塑信任外文翻译.docVIP

本科毕业论文（设计） 外文翻译 题 目 某公司管理人员薪酬制度问题研究 学 院 商学院 专 业 人力资源管理 班 级 学 号 学生姓名 指导教师 外文题目 ______Executive Pay: Rebuilding Trust in an Era of Rage 外文出处 Bloomberg Businessweek, 2010(9):P56-56 外文作者 George.Bill 原文： Executive Pay: Rebuilding Trust in an Era of Rage George.Bill Section: Focus On Talent Commentary Finance reform will bring unintended consequences. Before the new regs arrive, boards need to bulletproof their compensation policies With 26 million people unable to find full-time jobs, Americans are outraged by disparities in pay between executives and average workers as real incomes continue to decline. Multimillion-dollar bonuses at American International Group and Merrill Lynch certainly didnt help. Two consecutive years of declining CEO pay, on the other hand, havent either. As a result, politicians are lining up to give shareholders greater control over executive pay. On the surface these changes sound like shareholder democracy, which would be a good thing. But rather than solving problems with executive compensation, they may result in myriad unintended consequences. Case in point: The Dodd-Frank Wall Street Reform and Consumer Protection Act grants shareholders advisory votes on compensation, allows activist shareholders with only 3 percent ownership to nominate board members, and prohibits voting by retail brokers representing small shareholders. These changes are likely to empower short-term money movers such as hedge funds at the expense of long-term owners--and pressure management to focus on the short term, which is the exact o