NO.PZ2017111901000008
问题如下:
Which of the following statements regarding corporate shareholders is most accurate?
选项:
A.Cross-shareholdings help promote corporate mergers.
B.Dual-class structures are used to align economic ownership with control.
C.Affiliated shareholders can protect a company against hostile takeover bids.
解释:
C is correct.
A 选项:交叉持股有利于公司合并。不对,交叉持股的两公司股东可以互相 support,可以抵御并购 "act as takeover defenses",所以不是 promote
B 选项:说反了。Dual-class 是将 Voting rights (Control rights) 和Economic ownership 分开的,所以不是 align
C 选项:关联股东可以防止敌意收购,如果关联股东持股较多比如超过1/3,然后决议又要至少通过 2/3 股东同意,那关联股东就可以起到重要作用
可以解释下C选项,或者解释下Affiliate shareholder吗?
谢谢!