CFA Practice Question

There are 201 practice questions for this study session.

CFA Practice Question

Private companies can take a longer term investment focus because of the following factors:

I. Lack of pressure from short-term investors.
II. Stage of lifecycle.
III. Overlap of owners and management.
A. I
B. I and III
C. I, II and III
Explanation: I. They don't need to support share prices in the short-term.

III. Agency issues may be mitigated in private companies.

User Contributed Comments 0

You need to log in first to add your comment.