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Basic Question 1 of 6
Which one is more likely to offer incentives to motivate managers to "behave like owners"?
B. Public equity
C. Bond
A. Private equity
B. Public equity
C. Bond
User Contributed Comments 2
| User | Comment |
|---|---|
| johntan1979 | B does the same thing too, but I guess in terms of the level, A > B |
| dbedford | I am aware of companies that award what I call private shares to executives, that tend to pay out a good deal and then are redeemed and given back to the company at the end of the year and re awarded for current year performance and the cycle continues. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare and contrast public and private equity securities
CFA® 2024 Level I Curriculum, Volume 3, Module 4.