The Power of Distinct Owners as Value Catalysts
INSEAD Knowledge
SEPTEMBER 12, 2023
This perception, conceptualised in Berle and Means’s influential 1932 work, abstracts away shareholders and positions managers as the true custodians of corporations. CEOs and their executive team are tasked with turning the mission into reality. We uncover the pitfalls they encounter that often lead to unintended value destruction.
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