Moreover, this agency cost is amplified because shareholders and creditors influence board decision-making through different mechanisms,[1] have access to different degrees of information about the company, and face collective action problems.

• 不仅如此，代理成本成倍增加，因为股东和债权人通过各自不同的机制对董事会的决议施加影响，拥有的公司信息渠道等级不同，并面临集体诉讼问题。