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Of the following individuals, who has been affected by a glass cliff?
Shareholders
Individuals or entities that own shares in a corporation, giving them ownership stakes and typically the right to vote on corporate matters.
Principals
Principals typically refer to the main parties involved in a transaction or operation, such as the owners or chief stakeholders of a company.
Agents
Individuals or entities authorized to act on behalf of others, typically in financial transactions or negotiations.
Primary Market Transaction
A primary market transaction involves the initial issuance and sale of securities directly from the issuer to investors, as opposed to secondary market trading where investors buy and sell securities among themselves.
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