Abstract
THE separation of ownership and control has attracted the attention of many economists over the years, with results ranging from Adam Smith's comments on the pretentions of managers of other people's money' to arguments for the abrogation of private property rights in the corporate sector.2 But much more effort has been devoted to speculation about the effects of this separation than to obtaining empirical evidence of what they
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have