Question: 1. In what ways do you think information useful for investors (in assessing future cash flows) differs from that useful for creditors (in assessing default risk)?
2. How do market-level and individual decision-maker analyses complement one another in studying the usefulness of accounting information to investors and creditors?
3. What other user groups (besides the primary investor-creditor group) could claim to be stakeholders in the firm, and how might their information needs differ from the primary investor-creditor group?