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luckygrace · 2024年05月06日

为什么可以接受私人飞机呢

NO.PZ2023021602000014

问题如下:

Dilshan Kumar, CFA, is a world-renowned mining analyst based in London. Recently, he received an invitation from Cerberus Mining, a company listed on the London Stock Exchange with headquarters in Johannesburg, South Africa. Cerberus asked Kumar to join a group of prominent analysts from around the world on a tour of its mines in South Africa, some of which are in remote locations and not easily accessible. The invitation also includes an arranged wildlife safari to Krueger National Park for the analysts. Kumar accepts the invitation, planning to visit other mining companies he covers in Namibia and Botswana after the safari. To prevent violating any CFA Institute Standards of Professional Conduct, it is most appropriate for Kumar to only accept which type of paid travel arrangements from Cerberus?

选项:

A.Flights on a private airplane to the remote mining sites in South Africa

B.Economy class round trip ticket from London to Johannesburg

C.Ground transportation to Krueger National Park

解释:

Standard I(B): Independence and Objectivity requires members and candidates to use reasonable care and judgment to maintain their independence and objectivity in their professional activities. Best practice dictates that Kumar only accept transportation to the remote mining sites because it is unlikely he would be able to source commercial flights to the locations and ground transportation may not be viable. Because Kumar would normally visit mining sites around the world as part of his job and because he is combining this trip with trips to other mine sites in different countries, it would be inappropriate for Cerberus to pay for the analyst's travel expenses from London. Although Kumar could go on safari with the group of analysts, he should pay his own way so as to restrict any influence such a gift could possibly have when making his investment recommendations on Cerberus.

我记得讲课时老师明确强调过,私人飞机属于奢侈享受,需要拒绝,应尽量使用公共交通,或只能接受一般性的差旅安排。为什么这里私人飞机是最佳选择了呢?

1 个答案
已采纳答案

王暄_品职助教 · 2024年05月07日

通常情况下,接受奢侈的差旅安排,如乘坐私人飞机,可能会被视为不恰当,因为这可能影响分析师的独立性和客观性,从而违反对CFA协会职业道德准则的遵守。然而,在这个特定的情境下,选择接受私人飞机的安排是合理的,原因有以下几点:


  1. 偏远地点:题目中明确指出,一些矿场位于偏远地区,不容易通过常规交通方式到达。在这种情况下,使用私人飞机可能是到达这些地点的唯一实际可行的方式。
  2. 工作必要性:由于这些矿场位置偏远,商业航班可能无法到达,而地面交通可能也不可行。因此,为了完成工作任务,即参观矿场,私人飞机成为了一种合理的交通方式。
  3. 避免利益冲突:如果分析师因为交通不便而无法访问这些矿场,那么他可能无法做出准确的分析和推荐,这可能会影响其独立性和客观性。通过接受私人飞机的安排,分析师能够确保自己的分析和建议是基于全面的现场考察,从而避免潜在的利益冲突。

需要注意的是,尽管在这种情况下接受私人飞机是合理的,但分析师仍然需要谨慎处理与邀请方的关系,以确保自己的独立性和客观性不受影响。此外,分析师还应该在可能的情况下寻求其他可行的交通方式,并仅在确认没有其他合理选择后才接受私人飞机的安排。

在这个特定案例中,由于地点偏远和交通不便,接受私人飞机的差旅安排成为了一个合理的选择,以确保分析师能够完成其工作任务并保持独立性和客观性。然而,在一般情况下,分析师仍应遵循使用公共交通或接受一般性的差旅安排的原则。

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