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This paper surveys research on corporate governance, with special attention to the importance of legal protection of investors and of ownership concentration in corporate governance systems around the world
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This paper surveys research on corporate governance, with special attention to the importance of legal protection of investors and of ownership concentration in corporate governance systems around the world
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exchange. We assume that a professional is a better manager than the heir, and describe how the founder's decision is shaped by … the family. This theory of separation of ownership from management includes the Anglo-Saxon and the Continental European …
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attention can distort economic choice by distracting decision makers from their immediate goals or from certain choice …
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