Please assist answer the following questions.
Problem: Should management only be concerned with producing returns for their investors or do they need to consider the needs of other stakeholders?
Before the financial crisis I do not think that the loan officers paid close attention to quarterly financials. Currently, it probably depends on what line of business the customer is in. I would assume as long as the quarterly statements are within the loan covenants requirements the loan officer would not be overly concerned. Are the quarterly statements compiled?