 | Klaus J. Hopt - 1998 - 1304 pàgines
...anxious vigilance with which the partners in a private copartnery frequently watch over their own. . . Negligence and profusion, therefore, must always prevail,...the management of the affairs of such a company." Smith, Adam An Inq uiry into the Nature and Causes of the Wealth of Nations Book 5 Ch. 1 .3. 1 .2.... | |
 | Peter Jensen Hill, Roger E. Meiners - 1998 - 372 pàgines
...same anxious vigilance with which the partners in a copartnery frequently watch over their own. . . . Negligence and profusion, therefore, must always prevail,...in the management of the affairs of such a company" (Smith [1776] 1937, 700). 1 8. Where a robust theory argues that government bureaucrats desire to maximize... | |
 | Stuart Banner - 2002 - 342 pàgines
...the partners in a private copartnery frequently watch over their own." Smith's conclusion was that "[n]egligence and profusion, therefore, must always...the management of the affairs of such a company," and thus that publicly traded corporations would never be able to compete successfully against partnerships.... | |
 | Alex Dunlop - 1998 - 108 pàgines
...anxious vigilance with which the partners in a private copartnery frequently watch over their own.... Negligence and profusion, therefore, must always prevail, more or less, in the management of such a company. Louis Brandeis (1933) warned that it was a mistake to 'accept the evils attendant upon... | |
 | Nicolai J. Foss - 2000 - 488 pàgines
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich man, they are apt to consider attention to small matters...in the management of the affairs of such a company. Adam Smith, The Wealth of Nations, 1776, Cannan Edition (Modern Library, New York, 1937) p. 700 1.... | |
 | Michael C. Jensen - 2003 - 342 pàgines
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich man, they are apt to consider attention to small matters...in the management of the affairs of such a company. — Adam Smith, The Wealth of Nations 4.1 Introduction In this chapter we draw on progress in the theory... | |
 | Gerrit Fey - 2000 - 102 pàgines
...anxious vigilance with which the partners in a private copartnery frequently watch over their own. [...] Negligence and profusion, therefore, must always prevail,...the management of the affairs of such a Company". 3.4. Alternative Kontrollmechanismen 3.4.1. Reduktion von Agency-Costs als Ziel Wegen dieses Potentials... | |
 | James P. Hawley, Andrew T. Williams - 2000 - 268 pàgines
...in a private copartnery [partnership] frequently watch over their own. Like the stewards of a rich man, they are apt to consider attention to small matters as not for their master's honor, and very easily give themselves a dispensation from having it. Negligence and profusion, therefore,... | |
 | Michael Novak - 2001 - 378 pàgines
...which the partners in a private copartnery frequently watch their own. Like the stewards of a rich man, they are apt to consider attention to small matters as not for their master's honor, and very easily give themselves a dispensation from having it. Negligence and profusion, therefore,... | |
 | Juan P. Camus - 2002 - 124 pàgines
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich man, they are apt to consider attention to small matters...in the management of the affairs of such a company. Agency theory postulates that because people pursue their own best interests, conflicts of interests... | |
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... being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own. 
