On a shortcoming of neocameral terminologyhttp://tonreihe.tumblr.com/post/153616158905/on-a-shortcoming-of-neocameral-terminology …
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when they do need to, they win. Takeover happens to be the most straightforward mechanism
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... If you think management sucks, you don't haggle -- you dump your stock. ...
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in any company I worked in, management were terrified of shareholders (very properly)
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I've heard the Continental model strengthens mgmt, "stakeholders" versus shareholders. I wouldn't know.
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Stock markets are generally liquid enough to be completely exit based. ...
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