One-nucleon knockout calculations have been performed for the reaction ' C(y, p )" B at incident photon energies of 60, 80, and 100 MeV. Both two-step processes and high-momentum components in the single-nucleon wave function due to short-range correlations have been included. It is shown that direct knockout leading to the "B ground state followed by inelastic excitation of the -, ' state at 6.743 MeV in "B exceeds the direct excitation of this state by 1 to 2 orders of magnitude. For the ground-state transition the influence of high-momentum components becomes increasingly important going from Ey =60 to 100 MeV. Constraining the parameters entering the calculation by recently measured quasielastic "C(e,e'p) "B data a discrepancy is found between the calculations and the data, particularly at low photon energies, which is attributed to exchange currents and randomphase approximation correlations.