#8228
Jan O’BrienJan O’Brien
Participant

In addition to the issues raised by the capital investment in concrete elevators, the SWP also extensive expanded leading to increasing debt. As the Fulton and Larson article points out management tends to be optimistic and put the best frame on the acquisition of businesses. The board which is already hampered by information asymmetry accepted management’s word without adequate challenge. This is where a board with diverse backgrounds could have assisted the homogenous board of farmers.

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Libro Credit Union

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Sherwood Co-op

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