Some consequences of the early twentieth-century British divorce of ownership from control

James Foreman-Peck, Leslie Hannah
  • Business History, June 2013, Taylor & Francis
  • DOI: 10.1080/00076791.2012.741970

How well big companies worked

What is it about?

Larger companies quoted on the London Stock Exchange in 1910 appear to have allocated resources well and thereby gave a boost to the British economy.

Why is it important?

Corporate governance of larger publicly quoted companies in 1910 was more effective- perhaps because it faced fewer demands- than in more recent times.

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