[問題]GWD30-40

[ergh]

Investment banks often have conflicting roles. They sometimes act for a client company by raising capital from other investment institutions as advantageously as possible, but their analysts also sometimes send unfavorable reports on the financial health of companies for whom they are raising capital to other clients who wish to make investments. Analyses of companies’ financial health need to be unbiased if an investment bank is to achieve long-term success.

If the statements above are true, which of the following practices, if adopted by an investment bank, would hinder its long-term success?

A.Evaluating and rewarding the bank’s analysts on the basis of recommendations made by managers who are solely engaged in raising capital for clients
B.Using reports by the investment bank’s analysts to determine how best to raise capital for a client
C.Sharing the task of raising capital for a client with other investment banks
D.Ensuring that conflicts between analysts and those who raise capital for clients are carefully mediated and resolved by impartial arbitrators
E.Monitoring the success or failure of analysts’ current predictions about how companies will perform financially, in order to determine the value of future predictions

參考答案A
題目：投資銀行會因為自己本身的角色，而做出不當的行為。為了維持投資銀行長久的成功，其作的分析不應有偏誤。
問題：投資銀行採取何種行為，會影響其長久的成功？
為何推導出A？
我選B，投資銀行使用自家的報告去作評估。

[fsab00037748]

我覺得這題的重點在於
investment recommendations和analyses of companies’ financial health的關係,
也就是這個argument中成利益對立的兩方 ;

對A選項我的理解是:
如果這家銀行只針對在負責招募基金的經理人做績效評估和獎賞,
那麼這兩端便失去的平衡,
因為大家只要不擇手段去招募投資基金,
不顧及是否投資標地財務是不是健全(值不值得投資) ,
那銀行的long-term success就掰掰嚕~

這狀況是不是比選項B要來得hinder ^^

[bonus]

A是對Analyst的工作公正評價的問題，
如果以一個只關心幫助客戶融資的經理來評價ANALYST的工作，那麼必然會對ANALYST提出的對CLINT進行的負面評價的分析有不公正的對待，因為這種分析結果影響經理本身的利益。

[chris8888]

我認為應該是A, B錯在他在強調程度問題, B. Using reports by the investment bank’s analysts to determine how best to raise capital for a client.

How best <== 敗在這.