Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
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 happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
compare and contrast public and private equity securities
CFA® 2025 Level I Curriculum, Volume 3, Module 4.