Which of the following is NOT an element of investors' preferences that influences a firm's financial architecture?
A)preferences for work vs.leisure
B)liquidity needs
C)investment horizon
D)risk tolerance

Question

Quizplus · Accepted Answer

Preferences for work vs. leisure do not directly influence a firm's financial architecture. Financial architecture is shaped by factors directly related to investment decisions, such as liquidity needs, investment horizons, and risk tolerance, rather than personal lifestyle choices like work-leisure balance.

Which of the Following Is NOT an Element of Investors