Control and directors' remuneration in large British companies: An empirical investigation of directors' shareholdings and remuneration, and the implications of remuneration patterns for managerial theories of the firm.
Literature on the divorce of ownership from control has emphasised the declining proportion of shares owned by salaried managers who control large companies. Because these salaried managers have negligible proprietarial interest in the companies they manage, some writers have suggested that they...
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Language: | en |
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University of Bradford
2010
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Online Access: | http://hdl.handle.net/10454/4201 |