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In most large corporations, ownership and management are separated. This established key attributes of a corporation. What are the main positive benefits of this separation?
In most large corporations, ownership and management are separated. This established key attributes of a corporation. What are the main positive benefits of this separation? Check all that apply.
Limited Liability for investors
transferability of ownership
a separate legal personality of a corporation
delegated centralized management
Creates agency problems
Better accountability for negative costs on society
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