扫码下载APP
及时接收最新考试资讯及
备考信息
学习是一个不断积累的过程,每天学习一点,每天进步一点!为了帮助大家更高效地备考2021年CFA考试,正保会计网校每日为大家上新CFA习题供大家练习。让网校与您一起高效备考2021年CFA考试,梦想成真!
Questions 1:
Which of the following conditions is most likely to facilitate shareholder activism?
A Cross-shareholdings
B、 Cumulative voting
C、 Staggered boards
Questions 2:
The least likely reason investors incorporate environmental and societal factors into their investment analysis is to:
A、 improve investment performance.
B、 have a more comprehensive understanding of a company’s risks.
C 、limit investments to those equities that are consistent with their moral or ethical values.
B is correct. Cumulative voting facilitates shareholder activism by allowing shareholders to accumulate and vote all their shares for a single candidate in an election involving more than one candidate. Minority shareholders, who may be activist shareholders, are more likely to successfully elect a board member in this way.
A is incorrect. Cross-shareholdings inhibit shareholder activism because the management teams of the cross-held companies implicitly agree to use their votes to support each other’s interests.
C is incorrect. Staggered boards inhibit shareholder activism by limiting the number of board members that are elected in a given year. This makes it difficult to implement immediate change.
C is correct. Environmental, social, and governance investment analysis can be implemented across all asset classes and is not limited to equity investments. It is done to provide a more comprehensive understanding of a company’s risks and improve investment performance.
A is incorrect. ESG is done to provide a more comprehensive understanding of a company’s risks.
B is incorrect. ESG is done to improve investment performance.
成功=时间+方法,自制力是这个等式的保障。世上无天才,高手都是来自刻苦的练习。而人们经常只看到“牛人”闪耀的成绩,其成绩背后无比寂寞的勤奋。小编相信,每天都在勤奋练习,即使是一点点的进步,大家一定可以成为人人称赞的“牛人”。
Copyright © 2000 - www.chinaacc.com All Rights Reserved. 北京正保会计科技有限公司 版权所有
京B2-20200959 京ICP备20012371号-7 出版物经营许可证 京公网安备 11010802044457号