Question
Shareholders sometimes pursue selfish strategies when the firm experience financial distress.these actions generally result in a undertak scale enhancing project b. Agency cost to bond
Shareholders sometimes pursue selfish strategies when the firm experience financial distress.these actions generally result in
a undertak scale enhancing project
b. Agency cost to bond holders
no action by debt holders since such strategy are shareho concerns
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
