NO.PZ2023123001000003
问题如下：
Sun and Moon Ltd. is owned and managed byfive general partners. Two of the partners each own 35% stakes in thecompany, while the other three general partners each own 10% stakes in the company.Once per year, a private valuation expert values each partner’s stake in thebusiness. Which factor reflects why there could be a difference in thevalue (on a per share basis) across the different partners’ stakes?
选项：
A.
Concentratedownership
B.
Owner/manageroverlap
C.
Concentratedcontrol
解释：
The two partners with 35% stakes willhave a higher probability of creating a control position of Sun andMoon by coordinating their ownership stakes with each other, thus creating a70% stake and effective control of the company. The 10% shareholders mustcoordinate across at least two of their fellow shareholders to create acontrol position. While the coordination of general partners can createmajority control, the size of each partner’s stake does not represent concentrated ownership, so A is not correct. B is notcorrect because each partner is involved in managing the company, so the owner/manageroverlap should not affect the valuation of each partner’sstake.
A和C怎么区分，owenrship也是表示了股份占有率呀
