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凉茶325 · 2022年01月17日

求翻译C

NO.PZ2019012201000026

问题如下:

A fund invests in firms that have strong business models and good governance. And if the fund is an activist investing strategy, which of the following is least like to boost the shareholder value?

选项:

A.

Engaging with management by writing letters to management, calling for and explaining suggested changes, and participating in management discussions with analysts or meeting the management team privately.

B.

Decreasing management compensation or keeping management compensation with share price performance.

C.

Launching legal proceedings against existing management for breach of fiduciary duties.

解释:

C is correct.

考点:Activist Strategies and Other Strategies

解析: 首先这个fund投资的都是经营比较好而且有比较好的公司治理结构的标的。对于Activist Strategies,主要的目的是在现有基础上,作为公司的长期投资者,提升公司的经营和股东价值。 所以不太可能采用激进的方式投资在C选项描述的公司治理有问题的公司上。

公司都已经很好了,为什么不选A啊,根本就不需要其他人参与了呀?求翻译C是不是指说用法律手段对抗公司管理层有问题的地方,感觉C没问题呀


1 个答案

伯恩_品职助教 · 2022年01月17日

嗨,努力学习的PZer你好:


A还是能刺激让公司更好的,不符合题意。所以A不对。

选项C的翻译:对现有管理层违反信托义务的行为提起法律诉讼。

如果真的起诉了,首先打官司要花钱吧,然后要应付官司,管理精力分散了,而且还把公司的丑态暴露,这些情况都是不利于股价的,这样明白了吗?

----------------------------------------------
努力的时光都是限量版,加油!

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