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Alias Born | 02/27/2014 |
Thursday, November 20, 2014 10:56:19 PM
Principal agent problems is something that is taught at business school during corporate governance lectures....Sometimes the agent (the ceo) is motivated to act in his own best interests rather than those of the principal (the shareholders).
I don't see shareholders come first, the dilution is so heavy that you really don't know what the stock is worth anylonger...$4, $7, $11...what is it? perhaps it is $0.
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