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Unformatted text preview: s make the best decisions? What about: luck, experience, intuition, temperament, analytical capabilities, etc? Another Agency Model: Shareholders Board Smale Perpetuation of the Corporation CEO and Senior Management Employees – Give them authority over their work and their budgets and incent them to create shareholder valueRitz 6/2006 ESOP, Stock Rights, Incentives tied to profit, etc.
Copyright 2013 Porter’s Objectives: Increase Ownership Give owners a long term role on company (Representation) Align...
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- Winter '14