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In other words, the value of their cash has not diminished with the stock price. There are plenty of things to get pissed off about in finance, but stakeholders lamenting the loss of possible IPO gold because Facebook took it all is not one of them. the poor individual investor). June 19, 2012. June 19, 2012. Ben Popper. June 19, 2012.
When one agent acts on behalf of multiple principals, the multiple principals have to agree on the agent’s objectives, but face a collective action problem in governance, as individual principals may lobby the agent or otherwise act in their individual interests rather than in the collective interest of all principals.”
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