Shareholders sometimes pursue selfish strategies when financial distress is present. These actions generally result in: 15 Multiple Choice 3.03 points (8 02:36:58 0 no action by debtholders since these are shareholder concerns. 0 agency costs to bondholders, 0 investments with risks similar to those of the current firm. 0 O undertaking scale enhancing projects. 0 lower agency costs, as shareholders have more control over the firm's assets