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ZF Everyday · 2023年03月26日

B为什么不对呢?

* 问题详情,请 查看题干

NO.PZ202210140100000104

问题如下:

Titian faces long-term risk from ____ due to potential regulatory changes in the developing economies.

选项:

A.

product recalls

B.

brand value damage

C.

stranded assets

解释:

Titian faces long-term risk from stranded assets due to potential regulatory changes in the developing economies.

If regulatory changes on greenhouse gas emissions are enacted in these developing economies, much of Titian’s stainless steel capacity will become obsolete or not economically viable. This will result in ESG-related adjustments to Titian’s balance sheet. The further reduction in oil demand will make the steel capacity economically unviable.

如题

1 个答案
已采纳答案

王琛_品职助教 · 2023年03月27日

嗨,从没放弃的小努力你好:


1

题目问的是 T 公司所面对的长期风险的来源

仅看三个选项,都有可能,但是哪一个最符合题意,要结合案例背景

来源必须是跟发展中国家的环境监管政策的变化有关

2

回到案例背景,目前的环境监管还比较松

"Most of Titian’s steel capacity is located in developing economies, where it currently faces few environmental regulations"

但是之后,环境的监管可能日趋严格,尤其涉及到温室气体排放,将会对 T 公司的钢铁产能和生产成本产生负面影响

"He believes the company faces significant long-term risk due to regulatory changes regarding greenhouse gas emissions in the developing economies. These changes will have a negative impact on Titian’s steel capacity and its production costs."

3

所以,出题人其实是想考查 stranded assets 的定义,只不过套了一个具体的案例背景而已

stranded assets 是指搁浅资产,是指碳密集排放的资产,有可能因为监管的或者投资者情绪的改变,使得资产不能再使用了

主要涉及的是能源行业,比如燃煤发电机组等高碳基础设施

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