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(Solved) (Latest ver. Aug 2020) - Should management only be concerned with producing returns

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Should management only be concerned with producing returns for their investors or do they need to consider the needs of other stakeholders?

Before the financial crisis I do not think that the loan officers paid close attention to quarterly financials. Currently, it probably depends on what line of business the customer is in. I would assume as long as the quarterly statements are within the loan covenants requirements the loan officer would not be overly concerned. Are the quarterly statements compiled?


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This question was answered on: Sep 16, 2020

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