Business, 16.12.2019 23:31, leannamat2106

How is the characteristic of separation of legal ownership and management control disadvantageous to publicly traded companies? a. the managers delegated to make decisions on behalf of shareholders might pursue their personal interests. b. the shareholders may misuse their power to make decisions for the company and make decisions only for their profit. c. the managers delegated to make decisions may be too focused on maximizing total returns to shareholders. d. the shareholders do not directly supervise the activities of the board of directors.

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How is the characteristic of separation of legal ownership and management control disadvantageous to...