NO.PZ2021091701000037
问题如下:
Which of the following is least accurate with respect to debt–equity conflicts?
选项:
A.Equityholders focus on potential upside and downside, while debtholders
focus primarily on downside risk.
Management attempts to balance the interests of equityholders and
debtholders.
Debt covenants can mitigate the conflict between debtholders and
equityholders.
解释:
B is correct. Management is generally focused on maximizing the value of
equity.
Management管理层指的是CEO这样的代理人还是董事会呢?