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Why is governance necessary to control managers

Why is governance necessary to control managers' decisions?
What is meant by the statement that ownership is separated from managerial control in the corporation? Why does this separation exist? How is each of the three internal governance mechanisms - ownership concentration, boards of directors and executive compensation - used to align the interests of managerial agents with those of the firm's owners?

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Solution Preview :

Prepared by a verified Expert

Business Management: Why is governance necessary to control managers

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Recent Questions Asked Business Management

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Solution Preview :

Prepared by a verified Expert

Business Management: Why is governance necessary to control managers

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