Selfish Strategy 3: Milking the Property
{"Image DocumentName": "Selfish Strategy 3: Milking the Property", "Image ImageDescription": "Liquidating dividends. Suppose our firm paid out a  200 dividend to the shareholders. This leaves the firm insolvent, with nothing for the bondholders, but plenty for the former shareholders. Such tactics often violate bond indentures. Increase perquisites to shareholders and/or management.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}