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shuangzili · 2022年03月25日

B

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?

1 个答案
已采纳答案

王琛_品职助教 · 2022年03月26日

嗨,爱思考的PZer你好:


也不一定,因为股东和管理层对风险的容忍度不同,所以可能有两种情况

第一种情况:股东的风险容忍度较高,而管理层的风险容忍度较低

第二种情况:股东的风险容忍度较低,而管理层的风险容忍度较高

同学的举例,涉及的是第一种情况,但还有第二种情况

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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