Journal Article
The ownership solution : the link between financial performance and governance yields strategies for business
Abstract: Spong and Sullivan studied two scenarios for management structure: management composed of principal owners versus hired managers. Results suggest that owning stock in a business may help ensure that the manager serves the interests of stockholders.
Keywords: Wealth;
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File(s): File format is application/pdf http://www.kansascityfed.org/publicat/TEN/pdf/Spring06TENfull.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: TEN
Publication Date: 2006
Issue: Spr
Pages: 22-25