NO.PZ2018062019000003
问题如下:
Which of the following would least likely lead to a potential conflict between shareholders and managers?
选项:
A.Multiple class structure.
B.Risk tolerance.
C.Information asymmetry.
解释:
A is correct. An equity structure with multiple share classes in which one class in non-voting or has limited voting rights creates a divergence between the ownership and control rights of different classes of shareholders. Therefore, conflicts of interest may arise among the controlling and minority shareholders.
shareholder都希望take risk,但管理层可能过分的激进(take risk)也可能过分保守(如果没激励的话)对吗?