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" The separation of ownership from control produces a condition where the interests of owner and of ultimate manager may, and often do, diverge, and where many of the checks which formerly operated to limit the use of power disappear. "
Pioneers of Industrial Organization: How the Economics of Competition and ... - Página 194
editado por - 2007 - 352 páginas
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Executive Compensation: Backdating to the Future : Hearing Before ..., Volumen4

United States. Congress. Senate. Committee on Finance - 2006 - 304 páginas
...a "market society dominated by corporations . . . with absentee owners and professional managers"). "The separation of ownership from control produces...which formerly operated to limit the use of power dissppear." Id 21. See generally MONKS & Mi NOW, supra note 4, at 166 (explaining that in 1989, the...
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Explaining Executive Pay: The roles of managerial power and complexity

Lukas Hengartner - 2007 - 207 páginas
...relationship between executives and shareholders (Gomez, 2004). As Berle and Means (1932: 25) point out "the separation of ownership from control produces a condition where the interests of owners and of ultimate managers may, and often do, diverge, and where many of the checks which formerly...
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