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Divorce of Ownership from Control
The divorce of ownership from control refers to the separation of the ownership and control of a company. In a company with a divorce of ownership from control, the individuals or entities that own the company (the shareholders) do not have direct control over the day-to-day operations and decision-making of the company. Instead, control of the company is exercised by a board of directors or other management team that is responsible for running the company.
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3.1.1 Sizes and Types of Firms (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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Are UK managers paid too much?
26th February 2023