NO.PZ2022120702000020
问题如下：
CBT’s Annual General Meeting (AGM) is two months away. Patrick Weeze is a portfolio managerwho owns a significant number of CBT shares in his portfolio. His fund is a concentrated portfolio with high idiosyncratic risk and, as a result, Patrick believes that a detailed analysis of the governance of each of his portfolio holdings is paramount to its long-term performance. He reviews the relevant documentation regarding CBT’s AGM and notes the following:
− One of the resolutions to be voted at the AGM was put forward by a minority shareholder. The investor asks the company to produce a report on how climate change may affect the company’s strategy and financial stability in the long-term.
What is Patrick least likely to take into consideration when making a decision regarding his vote on the shareholder resolution?
选项：
A.The extent to which the company and its business model is exposed to climate change risks.
B.To what extent, the company already provides information on the topic of climate change risk.
C.The company's response on whether it supports the resolution and why.
D.Whether this resolution falls under the category of governance.
解释：
在年度股东大会上表决的一项决议是由一名小股东提出的。投资者要求公司出具一份报告，说明气候变化在长期内可能如何影响公司的战略和财务稳定。
A选项，公司及其商业模式受气候变化风险影响的程度；
B选项，公司在多大程度上已经提供了关于气候变化风险主题的信息；
C选项，该公司对是否支持该决议及其原因的回应。
这三个选项的涉及的问题对公司都有重大的影响，相比之下，D选项关于决议的归类问题并非关键问题。因此在决定是否对股东决议投票时，帕特里克最不可能考虑的是D选项。
题干明明说基金经理需要考察的是该公司的G的方面。
A是关心公司是否有E的风险，
B是关心公司是否披露了E的风险，没披露说明G有问题；
C是关心公司是否会回应提问的小股东，不回应说明G有问题；
D是关心解决E会不会带来G的风险，有风险更说明G有问题。
B、C、D全是涉及G的问题，这个基金经理最不关心的明显应该选A呀。
