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Rynnsong · 2021年01月03日

问一道题:NO.PZ2019012201000026

问题如下:

A fund invests in firms that have strong business models and good governance. And if the fund is an activist investing strategy, which of the following is least like to boost the shareholder value?

选项:

A.

Engaging with management by writing letters to management, calling for and explaining suggested changes, and participating in management discussions with analysts or meeting the management team privately.

B.

Increasing management compensation or keeping management compensation with share price performance.

C.

Launching legal proceedings against existing management for breach of fiduciary duties.

解释:

C is correct.

考点:Activist Strategies and Other Strategies

解析: 首先这个fund投资的都是经营比较好而且有比较好的公司治理结构的标的。对于Activist Strategies,主要的目的是在现有基础上,作为公司的长期投资者,提升公司的经营和股东价值。 所以不太可能采用激进的方式投资在C选项描述的公司治理有问题的公司上。

B选项第一个词应该是decrease吧,不然虽然C也不合适,但B更错。题目本身有问题。

2 个答案
已采纳答案

maggie_品职助教 · 2021年01月09日

你的理解没问题,这道题的选项确实存在争议,我们稍后会进行修改,谢谢你的支持与提点。加油哦。

maggie_品职助教 · 2021年01月04日

嗨,从没放弃的小努力你好:


注意使用什么战术要结合这个基金自身的策略来看(不是所有列出来的策略都能用,要看适用情况),题干说fund要求只能投资那些公司业绩好又公司治理好的公司,而选项C的描述launching legal proceeding against existing mgmt. for breach of fiduciary duties, 明显说明这个公司的公司治理是有问题的,基金根本不会投这样公司。


-------------------------------
加油吧,让我们一起遇见更好的自己!


Rynnsong · 2021年01月07日

应该把increase 改成 decrease 就不会有这么多争议了

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