NO.PZ2023112701000036
问题如下：
Benefits of effective corporate governance include all of the following except:
选项：
A.avoidance of fraud.
B.higher investor confidence.
C.reduced cost of equity.
解释：
Correct Answer: A
A is correct. Effective corporate governance allows for the mitigation, not the avoidance, of risk factors such as fraud, or at least their identification and control at early stages.
B and C are incorrect, as these are both benefits of effective corporate governance.
麻烦解释下C为什么是降低股权融资成本？我的理解是公司治理越好，公司价值越高，股票越被投资者看好，所以股价越高？
