主动与被动差异

问题如下：

Which of the following statements about engagement style is most accurate? Passive investors:

选项：

A.do not have an engagement style.

B.start with an issue and seek to engage with all the companies affected by that issue.

C.start with the company and its business issues and develop a tailored engagement approach.

解释：

A. Incorrect because passive investors typically start with an issue—identified by the team from news or broader analysis or through a screening or other research provider—and seek to engage with all the companies affected by that issue (which may be a whole sector or even broader).

B. Correct because passive investors typically start with an issue—identified by the team from news or broader analysis or through a screening or other research provider—and seek to engage with all the companies affected by that issue (which may be a whole sector or even broader).

C. Incorrect because active investors, not passive investors, follow this engagement style. Active investors, particularly those with focused portfolios, start with the company itself and its business issues and develop a tailored engagement approach cutting across a range of issues, often with the investment teams taking a leading role. Companies selected for this approach are often identified from among investment underperformers or are firms that trigger other financial or ESG metrics.