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time, it has become clear that the priorities of shareholders are often misaligned with those of the managers, with the …, shareholders should have a direct influence on the compensation paid to executives.To achieve that goal, the policymakers in the …
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The dominant theory in Anglo-American jurisdictions as far as determining the objective of large public companies, has been, and still appears to be, the shareholder primacy theory. Nevertheless, it would seem that in the past 20 years the stakeholder theory has become increasingly popular in...
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