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long - term value of the company's common stock price. Smith & Jones Inc. ' s stockholders are mostly individual investors, and there is relatively
longterm
value of the company's common stock price.
Smith & Jones Inc.s stockholders are mostly individual investors, and there is relatively little institutional ownership. If several pension and mutual funds were to take large positions in Smith & Jones Inc.s stock, direct shareholder intervention would be management. likely to motivate the firm's
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