A situation where shareholders refuse financing a "good" investment,because they think that only the bondholders will benefit will lead to ...

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Shareholders refusing to finance a "good" investment because they believe only bondholders will benefit indicates a lack of confidence in the investment, which can lead to underinvestment. Underinvestment occurs when a company does not invest enough in its operations or growth opportunities, which can lead to missed profitability and growth potential. In this case, the shareholders' lack of investment may result in missed opportunities, even if the investment would have ultimately benefited both bondholders and shareholders.

A Situation Where Shareholders Refuse Financing a "Good" Investment,because They