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  3. Plain and simple, stock is a share in the ownership of a company. Stock represents a claim on the company’ s assets and earnings

Plain and simple, stock is a share in the ownership of a company. Stock represents a claim on the company’ s assets and earnings

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问题     Plain and simple, stock is a share in the ownership of a company. Stock represents a claim on the company’ s assets and earnings. As you acquire more stock, your ownership stake in the company becomes greater. Whether you say shares, equity, or stock, it all means the same thing.
    Holding a company’ s stock means that you are one of the many owners(shareholders)of a company, and, as such, you have a claim(albeit usually very small)to everything the company owns. Yes, this means that technically you own a tiny sliver of every piece of furniture, every trademark, and every contract of the company. As an owner, you are entitled to your share of the company’ s earnings as well as any voting rights attached to the stock.
    A stock is represented by a stock certificate. This is a fancy piece of paper that is proof of your ownership. In today’ s computer age, you won’ t actually get to see this document because your brokerage keeps these records electronically, which is also known as holding shares " in street name". This is done to make the shares easier to trade. In the past when a person wanted to sell his or her shares, that person physically took the certificates down to the brokerage. Now, trading with a click of the mouse or a phone call makes life easier for everybody.
    Being a shareholder of a public company does not mean you have a say in the day-to-day running of the business. Instead, one vote per share to elect the board of directors at annual meetings is the extent to which you have a say in the company. For instance, being a Microsoft shareholder doesn’ t mean you can call up Bill Gates and tell him how you think the company should be run.
    The management of the company is supposed to increase the value of the firm for shareholders. If this doesn’ t happen, the shareholders can vote to have the management removed well, this is the theory anyway. In reality, individual investors like you and I don’ t own enough shares to have a material influence on the company. It’ s really the big boys like large institutional investors and billionaire entrepreneurs who make the decisions.
Being a shareholder of a public company means that______.
选项 A、you have a say in the daily management of the company
B、you become a member of the board of directors
C、you have one vote per share to elect the board of directors
D、you can air your view on how to run the company
答案C
解析 文章第四段提到Being a shareholder of a public company…running of the business。成为一家上市公司的股东，并不意味着你对公司的日常经营有参与权，也并不能成为董事会一员，一般股东只是通过选举董事会来间接地参与公司的日常经营。所以，本题应该选C项。
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本试题收录于： FECT综合（现代金融业务）题库金融英语（FECT）分类
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金融英语（FECT）

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