2022年CFA一級考試中Corporate Issuers科目考題練習！

發(fā)布時間：2022-03-07 09:25編輯：融躍教育CFA

在2022年CFA一級考試中Corporate Finance科目變?yōu)镃orporate Issuers,但是CFA考試知識沒有做完全的改變，考生在備考CFA考試中是有一些知識的調整，但是大部分知識還是和之前一樣的，不知道你在備考CFA考試中是不是掌握了呢？

Proponents of dual-class voting structures believe that the benefits to public shareholders most likely include:

A. reducing conflicts of interest between management and those with economic interests.

B. trading values that are typically at a slight premium to single-class peers.

C. promoting company stability by insulating management from short-term investor pressures.

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【答案】C

【解析】對于選項A，雙層股權結構使得管理層對公司的影響更大，因此不能緩解管理層與股東之間的利益沖突;

對于選項B，雙層股權結構對于股東是不利的，因此采用雙 層股權結構的公司在股價上將會存在折價;

對于選項C，雙層股權結構使得管理層不會過 度重視股票市場的短期效應，而更多地投入于對于企業(yè)長期發(fā)展有益的項目。

Under the stakeholder theory, corporate governance is most consistent with a system of:

A. internal controls and procedures by which individual companies are managed.

B. defined roles for management and the majority shareowner(s).

C. checks and balances to minimize the conflicting interests among shareowners.

【答案】A

【解析】選項A是正確的，這一說法就是corporate governance的定義;選項B是錯誤的，corporate governance主要是規(guī)定管理層的職責;選項C是錯誤的，在stakeholder theory理論下，corporate governance的作用是協調與公司相關的各關聯方之間的利益，這些相關方包 括shareholders, employees, suppliers, customers, etc.