Limits on managerial discretion in manag
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John Easterwood; Anju Seth; Ronald Singer
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Article
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1997
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John Wiley and Sons
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English
β 147 KB
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Recent changes in the legal environment faced by US corporations suggest that the shareholder-manager conflict of interest, and the effectiveness of mechanisms to narrow this divergence, are issues of continuing importance. This study examines the linkages between institutional, market and legal mec