单选题

Compared with public equity markets, which of the following statements is most accurate about private equity markets? Operating in the private market:

A、 offers stronger incentives to improve corporate governance.
B、 allows more opportunities to raise capital.
C、 allows management to better adopt a long-term focus.

【正确答案】 C

【答案解析】

The management of a public firm is under pressures to meet shorter-term demands, such as meeting quarterly sales and earnings projections from analysts. Private owners are thus better able to focus on longer-term value creation opportunities.