En hypotetisk privat investor i Carsid ville ikke være parat til at acceptere, at man som den eneste skulle yde et kontantbidrag for at dække virksomhedens nye behov, idet risikoen for de private aktionærer og den offentlige aktionær i Carsid dermed ikke ville være ligelig.
a supposed private shareholder in Carsid would not be prepared to be alone in providing all the cash for the company’s new needs since the risks for the private shareholders and the public shareholder of Carsid could not be considered equivalent.