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Title: The problem with the separation of ownership from control is that Post by: tarasen57 on Mar 3, 2019 The problem with the separation of ownership from control is that
• the managing partner of a firm may not always behave in the way that other managers would if they were the managing partners. • the owners of firms may not always know the best way to run a firm, yet they are the ones who elect the managers of the firm. • the owner in a proprietorship may not always act in the profit-maximizing fashion because he or she may not have the experience or expertise that professional managers have. • the managers of the firm can make decisions that reduce the wealth of the owners while not reducing their own wealth. Title: The problem with the separation of ownership from control is that Post by: anthead on Mar 3, 2019 the managers of the firm can make decisions that reduce the wealth of the owners while not reducing their own wealth.
Title: The problem with the separation of ownership from control is that Post by: tarasen57 on Mar 3, 2019 Thank you for answering so quickly
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