开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

小脖溜想要蓝霸霸 · 2023年10月29日

不是说debt不能engage只有equity可以engage嘛

NO.PZ2022120703000055

问题如下:

Which of the following is most accurate regarding ESG issues in fixed income?

选项:

A.The ESG interests of long-term fixed income and equity investors do not often align B.For sovereign issuers, ESG engagement is a more common approach than applying an ESG tilt C.The probability of successful engagement is higher for private debt investors than for public debt investors

解释:

C is correct because "the greatest opportunity to push for conditions and disclosures around ESG is likely to be pre-issuance. This can be difficult to implement in fast-moving public markets, but is easier to effect in private debt issuance."

A is incorrect because "in almost all cases relating to ESG matters at companies that are going concerns, the interests of long-term investors (whether they are exposed to equity or debt) very much align".

B is incorrect because "the ESG approach usually applied in this asset class sovereign debt is screening or an ESG tilt in the investment process rather than engagement."

不是说debt不能engage只有equity可以engage嘛

3 个答案

王岑 · 2023年10月30日

嗨,努力学习的PZer你好:


A选项中提到了是长期的债券和股票。在长期,债券投资者和股票投资者的利益是一致的,因为如果公司变好,他们都可以从投资中获益。

----------------------------------------------
努力的时光都是限量版,加油!

王岑 · 2023年10月30日

嗨,从没放弃的小努力你好:


A选项的意思是说:长期固定收益和股票投资者的ESG利益往往不一致。这个说法也是不正确的。因为据案例研究发现,长期投资者的利益(无论他们持有股权还是债务)都是非常一致的。

----------------------------------------------
就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

小脖溜想要蓝霸霸 · 2023年10月30日

题目没说长期短期啊,短期债券更倾向于low risk,但是equity倾向于high risk和high opportunity不是吗

王岑 · 2023年10月30日

嗨,爱思考的PZer你好:


债券也是可以参与的,只是参与的方式不同。债券的参与多发生在发行之前,与公司债券发行者的互动通常是与公司财务部门,而不是高管。

----------------------------------------------
努力的时光都是限量版,加油!

小脖溜想要蓝霸霸 · 2023年10月30日

然后a,我记得老师有讲过说debt更看重risk,然后equity更看重opportunity,为啥不选a呢

  • 3

    回答
  • 1

    关注
  • 487

    浏览
相关问题

NO.PZ2022120703000055问题如下 Whiof the following is most accurate regarng ESG issues in fixeincome? A.The ESG interests of long-term fixeincome anequity investors not often alignB.For sovereign issuers, ESG engagement is a more common approathapplying ESG tiltC.The probability of successful engagement is higher for private investors thfor public investors C is correbecause \"the greatest opportunity to push for contions ansclosures arounESG is likely to pre-issuance. This cfficult to implement in fast-moving public markets, but is easier to effein private issuance.\"A is incorrebecause \"in almost all cases relating to ESG matters companies thare going concerns, the interests of long-term investors (whether they are exposeto equity or bt) very mualign\".B is incorrebecause \"the ESG approausually appliein this asset class sovereign is screening or ESG tilt in the investment process rather thengagement.\" 对于固收产品来说,engagement 通常不是一种有效的方法,无论是私人债券还是主权债券,所以为啥不是直接排除 c 呢?在债券产品中,到底是否有 engagement?

2024-11-03 10:07 1 · 回答

NO.PZ2022120703000055 问题如下 Whiof the following is most accurate regarng ESG issues in fixeincome? A.The ESG interests of long-term fixeincome anequity investors not often align B.For sovereign issuers, ESG engagement is a more common approathapplying ESG tilt C.The probability of successful engagement is higher for private investors thfor public investors C is correbecause \"the greatest opportunity to push for contions ansclosures arounESG is likely to pre-issuance. This cfficult to implement in fast-moving public markets, but is easier to effein private issuance.\"A is incorrebecause \"in almost all cases relating to ESG matters companies thare going concerns, the interests of long-term investors (whether they are exposeto equity or bt) very mualign\".B is incorrebecause \"the ESG approausually appliein this asset class sovereign is screening or ESG tilt in the investment process rather thengagement.\" B不大理解

2024-06-16 20:26 1 · 回答

NO.PZ2022120703000055问题如下 Whiof the following is most accurate regarng ESG issues in fixeincome? A.The ESG interests of long-term fixeincome anequity investors not often alignB.For sovereign issuers, ESG engagement is a more common approathapplying ESG tiltC.The probability of successful engagement is higher for private investors thfor public investors C is correbecause \"the greatest opportunity to push for contions ansclosures arounESG is likely to pre-issuance. This cfficult to implement in fast-moving public markets, but is easier to effein private issuance.\"A is incorrebecause \"in almost all cases relating to ESG matters companies thare going concerns, the interests of long-term investors (whether they are exposeto equity or bt) very mualign\".B is incorrebecause \"the ESG approausually appliein this asset class sovereign is screening or ESG tilt in the investment process rather thengagement.\" 我记得之前有讲过一个关于owner和equity owner 在公司ESG投资方面难以align的原因,是说investor可能会担忧资产充足率和稳定性的问题,导致不太愿意公司进行ESG方面大额的投资(因为会影响杠杆率或者增加cretability)

2024-05-24 17:07 1 · 回答

NO.PZ2022120703000055问题如下 Whiof the following is most accurate regarng ESG issues in fixeincome? A.The ESG interests of long-term fixeincome anequity investors not often alignB.For sovereign issuers, ESG engagement is a more common approathapplying ESG tiltC.The probability of successful engagement is higher for private investors thfor public investors C is correbecause \"the greatest opportunity to push for contions ansclosures arounESG is likely to pre-issuance. This cfficult to implement in fast-moving public markets, but is easier to effein private issuance.\"A is incorrebecause \"in almost all cases relating to ESG matters companies thare going concerns, the interests of long-term investors (whether they are exposeto equity or bt) very mualign\".B is incorrebecause \"the ESG approausually appliein this asset class sovereign is screening or ESG tilt in the investment process rather thengagement.\" a改成对的 不理解为啥是一致的

2024-04-13 02:33 1 · 回答

NO.PZ2022120703000055问题如下 Whiof the following is most accurate regarng ESG issues in fixeincome? A.The ESG interests of long-term fixeincome anequity investors not often alignB.For sovereign issuers, ESG engagement is a more common approathapplying ESG tiltC.The probability of successful engagement is higher for private investors thfor public investors C is correbecause \"the greatest opportunity to push for contions ansclosures arounESG is likely to pre-issuance. This cfficult to implement in fast-moving public markets, but is easier to effein private issuance.\"A is incorrebecause \"in almost all cases relating to ESG matters companies thare going concerns, the interests of long-term investors (whether they are exposeto equity or bt) very mualign\".B is incorrebecause \"the ESG approausually appliein this asset class sovereign is screening or ESG tilt in the investment process rather thengagement.\" fixeincome中,engagement,不一定是P E 和publi的参与度是不一定的吧?

2024-01-06 22:20 1 · 回答