Corporate governance adrift
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The authors argue that the basic premise of capitalism - that companies must be managed in the sole interest of their shareholders - is incongruent with the current situation of liquid markets, profit-hungry investors and chronic financial instability.
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The authors argue that the basic premise of capitalism - that companies must be managed in the sole interest of their shareholders - is incongruent with the current situation of liquid markets, profit-hungry investors and chronic financial instability.
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"The authors argue that the basic premise of capitalism - that companies must be managed in the sole interest of their shareholders - is incongruent with the current situation of …"
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