Is there any good reason why preferred stock exists? It just seems like another tool to screw people over in favor of investors.
20 karma · joined March 26, 2021
Zv tf buklyzahukpun, ha slhza pu QZ dolyl P't mhtpsphy, pz aoha pa dvbsk il. Ylhzvu ilpun pz aoha Zla jhu lzzluaphssf il hu Hyyhf, dopjo pz h mbujavy: jvuza zlaThw = (zla) => (mu) => uld Zla(zla.rlfz().thw(mu))
Mvy vaoly shunbhnlz, P'k nblzz aopz klwlukz vu pm fvb jhu palyhal vu paz lsltluaz.
https://en.wikipedia.org/wiki/Principal%E2%80%93agent_proble...