The Separation of Ownership and Control and Firm Performance: An Empirical Analysis

Commensurate with the growth of corporate capitalism in the U.S., a process of separation of ownership and control has occurred in the large firm [4, 8]. Although no comprehensive theory has been developed concerning the consequences of this process, corporate control has nonetheless become the focu...

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Veröffentlicht in:Southern economic journal 1974-07, Vol.41 (1), p.145-148
1. Verfasser: Sorensen, Robert
Format: Artikel
Sprache:eng
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Zusammenfassung:Commensurate with the growth of corporate capitalism in the U.S., a process of separation of ownership and control has occurred in the large firm [4, 8]. Although no comprehensive theory has been developed concerning the consequences of this process, corporate control has nonetheless become the focus for questioning the relevance of the "classical"...
ISSN:0038-4038
2325-8012
DOI:10.2307/1056107