NO.PZ2019012201000026
问题如下：
A fund invests in firms that have strong business models and good governance. And if the fund is an activist investing strategy, which of the following is least like to boost the shareholder value?
选项：
A.Engaging with management by writing letters to management, calling for and explaining suggested changes, and participating in management discussions with analysts or meeting the management team privately.
B.Decreasing management compensation or keeping management compensation with share price performance.
C.
Launching legal proceedings against existing management for breach of fiduciary duties.
解释：
C is correct.
考点：Activist Strategies and Other Strategies
解析: 首先这个fund投资的都是经营比较好而且有比较好的公司治理结构的标的。对于Activist Strategies，主要的目的是在现有基础上，作为公司的长期投资者，提升公司的经营和股东价值。 所以不太可能采用激进的方式投资在C选项描述的公司治理有问题的公司上。
请问这道题为什么B不对啊？ 明明这家公司本来governance很好，但你刚进去主动管理就要给管理层降薪或者调整工资结构，那不是会马上引起管理层的反感导致他们反而不好好经营从而无法boost shareholder value吗？
C选项不就是我launch一个法律流程看看他们现行的有没有违规，没有最好，有的话就要改进，不是可以把公司往更好的方向发展吗？
