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.
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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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This page is a summary of: Some consequences of the early twentieth-century British divorce of ownership from control, Business History, June 2013, Taylor & Francis,
DOI: 10.1080/00076791.2012.741970.
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