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The shareholders, by the act of buying and holding the shares, expose themselves to all risks of owning a piece of the company. That the company may engage in a
by compiler-guy 10y ago
The shareholders, by the act of buying and holding the shares, expose themselves to all risks of owning a piece of the company. That the company may engage in accounting fraud is one of those risks.
The shareholders also benefited from the overstated earnings.