Zack Sionakides
Does the “fiduciary duty” of a board of directors ever shift from “maximizing shareholder value” to maximizing value for all stakeholders…
Answer by Zack Sionakides: A creditor’s concern is going to be towards getting paid by the company, not really to the maximization of value. They lend at rates and terms based on the risk profile and company’s ability to pay its debts. Think about it similarly to a mortgage on […]
