This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Rothschild, Medici, Ford, Thomson, Krupp, and Mitsubishi . these groups are in general stuck up in the agency problems as the people involved most commonly belong to the same family . thoughts of all the people is in good intension but with differences . Jensen and Meckling (1976), Shleifer and Vishny (1997), suggest that for the better cororate governance corporate ownership is must . while La Porta, Lopez-de-Salines, and Shleifer (1999) suggest a different thing that the corporate governance changes greatly on the development .there are conflicts in these two for the same reason so need to be compensated . firstly it is must as the people have been long time of the part of the corporation and secondly they will be profitable for future. ....
View Full Document
This document was uploaded on 05/02/2011.
- Spring '08