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Adolph Berle and Gardiner Means argued that widely held corporations will be run inefficiently by professional managers. Their argument is based on:

A) Inefficient product market structures.

B) An inefficient market for CEOs.

C) Block holders' control.

 

D) Incentive conflicts among shareholders and managers.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91226376

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