Most Business Observers Agree with Berle and Means That, Because

question 54

True/False

Most business observers agree with Berle and Means that, because stock ownership in large corporations is so dispersed, actual control of the corporation has passed to management.

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Definitions:

Mind

The set of cognitive faculties that enables consciousness, perception, thinking, judgement, and memory; the non-physical substance or phenomenon associated with the brain.

Determinism

The philosophical doctrine that all events, including moral choices, are determined completely by previously existing causes.

Behavior

The actions or reactions of an organism or system, usually in response to its environment or stimuli.

Environment

The environment or circumstances where a human, animal, or plant exists or functions.