Which type of corporation is more likely to be a shareholder wealth maximizer one with wide ownership

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Which type of corporation is more likely to be a shareholder wealth maximizer —one with wide ownership and no owners directly involved in the firm’s management or one that is closely held?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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