‘A good CFO in a private equity environment speaks the language of the shareholders, who will be very financially biased, but they will be able to translate what the management team is saying into a language that the private equity equity firms understand,’ explains Longhurst.
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Does “financially biased” mean the shareholders are only concerned about the profit?
book mango 418 Does “financially biased” mean the shareholders are only concerned about the profit? I wouldn't say "only". I'd say "mostly".
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book mango 418Does “financially biased” mean the shareholders are only concerned about the profit?
I wouldn't say "only". I'd say "mostly". "biased" indicates a leaning toward a certain view.
And strictly speaking, they're mostly concerned about their shares going up whether the corporation makes a profit or not. (Sometimes those two things