FinancialregulatorsinBritainhaveimposedaratherunusualruleonthebossesofbigbanks.Startingnextyear,anyguaranteedbonusoftopexecutivescouldbedelayed10yearsiftheirbanksareunderinvestigationforwrongdoing.Themainpurposeofthis“clawback”ruleistoholdbankersaccountableforharmfulrisk-takingandtorestorepublictrustinfinancialinstitutions.Yetofficialsalsohopeforamuchlargerbenefit:morelong-termdecision-making,notonlybybanksbutbyallcorporations,tobuildastrongereconomyforfuturegenerations.21.AccordingtoParagraph1,onemotiveinimposingthenewruleisto[A]enhancebankers’senseofresponsibility.[B]helpcorporationsachievelargerprofits.[C]buildanewsystemoffinancialregulation.[D]guaranteethebonusesoftopexecutives.刘哲老师新浪微博：Nathan的英语圈“Short-termism”orthedesireforquickprofits,hasworsenedinpubliclytradedcompanies,saystheBankofEngland’stopeconomist,AndrewHaldane.Hequotesagiantofclassicaleconomics,AlfredMarshall,indescribingthisfinancialimpatienceasactinglike“childrenwhopicktheplumsoutoftheirpuddingtoeatthematonce”ratherthanputtingthemasidetobeeatenlast.22.AlfredMarshallisquotedtoindicate[A]theconditionsforgeneratingquickprofits.[B]governments’impatienceindecision-making.[C]thesolidstructureofpubliclytradedcompanies.[D]“short-termism”ineconomicactivities.刘哲老师新浪微博：Nathan的英语圈TheaveragetimeforholdingastockinboththeUnitedStatesandBritain,henotes,hasdroppedfromsevenyearstosevenmonthsinrecentdecades.Transientinvestors,whodemandhighquarterlyprofitsfromcompanies,canhinderafirm’seffortstoinvestinlong-termresearchortobuildupcustomerloyalty.Thishasbeendubbed“quarterlycapitalism.”Inaddition,newdigitaltechnologieshaveallowedmorerapidtradingofequities,quickeruseofinformation,andthusshorterattentionspansinfinancialmarkets.“Thereseemstobeapredominanceofshort-termthinkingattheexpenseoflong-terminvesting,”saidCommissionerDanielGallagheroftheUSSecuritiesandExchangeCommissioninaspeechthisweek.23.Itisarguedthattheinfluenceoftransientinvestmentonpubliccompaniescanbe[A]indirect.[B]...
