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April 27, 2006


Explaining corporate agency costs

In this TCS Daily column, Stephen Bainbridge lucidly explains corporate agency costs and why shareholders deserve protection from theft, but not from risk-taking.

Posted by Tom Kirkendall at 06:25 AM | TrackBack (0)



categories:
Corporate Governance









 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.