请问这是哪里的考点？

问题如下：

Benefits of effective corporate governance include all of the following except:

选项：

A.avoidance of fraud. B.higher investor confidence. C.reduced cost of equity.

解释：

Correct Answer: A

A is correct. Effective corporate governance allows for the mitigation, not the avoidance, of risk factors such as fraud, or at least their identification and control at early stages.

B and C are incorrect, as these are both benefits of effective corporate governance.