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are there any advantages to separation of ownership and management in a corporation?

are there any advantages to separation of ownership and management in a corporation?

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Answer #1

shareholders, being freed of the need to participate in management, can diversify their investments across firms.

answered by: Andrew San Andres
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Answer #2

solution 2) managers can be chosen for their organizational ability even if they do not have capital to invest

answered by: Andrew San Andres
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