請問B錯在哪裡？

问题如下：

Which of the following statements is most accurate? Compared to social and environmental factors, governance has a:

选项：

A.greater link to financial performance.

B.greater materiality for private companies.

C.lower consideration in traditional investment analysis.

解释：

A is correct because academic research indicates that of the three ESG factors, governance has the clearest link to financial performance.

B is incorrect because companies with poor governance risk destroying value—or at least adding less value than they might have done. These issues are as true of private companies as they are of public companies. Therefore, governance factors have the same, not greater materiality for private companies.

C is incorrect because of the three ESG factors, governance is the one most often considered by traditional investment analysts.