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Corporate Control and Governance

P/F/116. The Publicly Held Corporation and Corporate Governance

WORDS:
2500
DATE:
2004
PRICE:
29.99 GBP

The paper aims to comment on the following statement in the light of empirical evidence from the 1990s and examine the implications for corporate governance for these changes in organisational form: The Publicly held corporation…has outlived its usefulness in many sectors of the economy and is being eclipsed. New organisations are emerging in its place…that are corporate in form but have no public shareholders and are not listed or traded on organised exchanges…Takeovers and…leveraged buyouts…are the most visible manifestations of a massive organisational change in the economy. (Jensen, 1989)

 

KEYWORDS: f, publicly, held, corporation, corporate, governance,

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