How does foundation ownership affect the credit risk of companies and the agency conflicts between shareholder and lender?

Enterprise Foundations:

https://www.enterprisefoundations.dk/

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Intro musik:

Deadly Roulette by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/3625-deadly-roulette

License: http://creativecommons.org/licenses/by/4.0/