讲义里这7种都是升级的形式

问题如下：

Which of the following is not among the identified key mechanisms for the escalation of engagement?

选项：

A.Submitting a shareholder resolution B.Operating collectively with other shareholders C.Holding additional meetings with management

解释：

CFA协会2024年4月2日官方勘误：将正确答案修改为C。

原课后题答案为A。此题考察的是参与的升级措施，对应知识内容如下。课程中讲到7种升级措施，“虽然前三种行为可能被．．．．．．视为与公司正常对话中标准工具的一部分，但后四种行为肯定会被视为一种升级形式”。题干问的是“以下哪一项不是确定的参与升级的关键机制？”。根据教材内容，第27题A选项对应第六条，B选项对应第四条，C选项对应第一条。正确答案应该为C选项。

Voting against particular resolutions (notably the approval of the report and accounts, the discharge of directors, or the appointment of individual directors) is often seen as an escalation tool to reinforce engagement messaging. But there are many other ways to escalate. The Hong Kong Principles set out a list of potential escalatory actions (largely based on the list set out in the former UK Code). While the first three actions might be seen by many engagement professionals as part of a standard set of tools in normal dialogues with companies, the last four will certainly be recognized as forms of escalation: 1. holding additional meetings with management specifically to discuss concerns; 2. expressing concerns through the company’s advisers; 3. meeting with the chair or other board members; 4. collaborating with other investors on particular issues; 5. making a public statement in advance of general meetings; 6. submitting resolutions and speaking at general meetings; and 7. requisitioning a general meeting and, in some cases, proposing to change board membership.