Agreement: 15. Corporate governance 1: corporate governance and corporate theory
Corporate governance 1 identifies separation of ownership from control as a corporate-governance concern because managers lack accountability to investors and society. This supports the agency-conflict premise in Kaal's claims. The abstract proposition does not establish that existing law can never resolve the conflict or that decentralized governance is the necessary remedy.
Affirmed commentary position. This record extends a source-bound scholarly claim but is not a verbatim paper claim.
Holds when
Current debate
Scholarly basis
Evidence and mapping
Topics
governance-designcorporate-governancehistorical-responsescholarly-literaturecrossref
Provenance
Verify