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Face value

机译:面值

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摘要

In a recent speech, Nell Minow told a story that sums up her two careers. She once wrote an online advice column, as the "Movie Mom". One parent wrote to say, "My two-and-a-half-year old knows how to work the VCR. Even when I tell her not to, she still does. What should I do?" Ms Minow replied sternly, "Someone has to be the grown-up, and you lose...If you can't make the rules in your house, you're going to have a much bigger problem than videos." That day, she went on, she had come across an employment contract giving a chief executive below-market-price options worth $20m, plus free first-class travel for his family, mother included, to visit him each month. Global Crossing's contract was so "shockingly terrible" that it was like getting a letter from the board saying "Dear Corporate Governance Mom, I tell the CEO that pay and performance should be linked, but he says no. What should I do?" And she wrote back, "Someone has to be the grown-up, and you lose..."
机译:在最近的一次演讲中,内尔·米诺(Nell Minow)讲了一个故事,总结了她的两个职业。她曾经写过一个在线咨询专栏,名为“电影妈妈”。一位父母写道:“我两岁半的孩子知道如何操作VCR。即使我告诉她不要,她仍然可以。我该怎么办?” Minow女士严厉地回答:“必须是成年人,否则你就会迷失……如果您不能在家里制定规则,那么与视频相比,您将面临更大的问题。”那天,她继续说下去,她遇到了一份雇佣合同,向首席执行官提供了价值2000万美元的低于市场价格的选择权,以及每月给他的家人(包括母亲在内)免费的头等舱探望。 Global Crossing的合同是如此“可怕”,以至于收到董事会的一封信说:“亲爱的公司治理妈妈,我告诉首席执行官,薪酬和绩效应该联系在一起,但他说不。我该怎么办?”她回信说:“必须是成年人,否则你就会迷失……”

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