 | Alexander Tübke - 2004 - 282 pàgines
...vigilance with which the partners of a private copartnery frequently watch over their own [so that] negligence and profusion therefore, must always prevail...the management of the affairs of such a company'"'. Without an ownership stake managers are not entitled to the profits created through increased efficiency,... | |
 | John M. Kelly - 2004 - 123 pàgines
...the partners in a private co-partnery frequently watch over their own... Negligence and profusion... must always prevail more or less, in the management of the affairs of such a company... The only trades which it seems possible for a joint stock company to carry on successfully... are those... | |
 | Samuel Fleischacker - 2009 - 352 pàgines
...orders or looking after the interests of someone else. Consequently, "[n]egligence and profusion . . . must always prevail, more or less, in the management of the affairs of [a joint stock] company" (WN 741). Smith claims that this is the reason why joint stock companies are... | |
 | Markus Warncke - 2005 - 456 pàgines
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rieh man, they are apt to consider attention to small matters...not for their master's honour, and very easily give themVgl. Organisation for Economic Co-operation and Development (Grundsätze), S. 8; Organisation for... | |
 | William A. Niskanen - 2005 - 418 pàgines
...anxious vigilance with which the partners in a private co-partnery frequently watch over their own. . . . Negligence and profusion, therefore, must always prevail,...the management of the affairs of such a company." Adam Smith, The Wealth of Nations, New York: Modern Library, 1937, p. 700. 52. Hall, Brian J. and Kevin... | |
 | Jean du Plessis, James McConvill, Mirko Bagaric - 2005 - 428 pàgines
...anxious vigilance with which the partners in a private co-partnery frequently watch over their own. . . . Negligence and profusion, therefore, must always prevail...or less, in the management of the affairs of such a company.15 Thus, the fundamental causes of the poor financial decisions by many company directors may... | |
 | David M. Cutler - 2005 - 180 pàgines
...anxious vigilance with which the partners in a private copartnery frequently watch over their own. . . . Negligence and profusion, therefore, must always prevail,...or less, in the management of the affairs of such a company."1 A more amusing depiction was provided by the famous playwright George Bernard Shaw nearly... | |
 | Ronald G. Ehrenberg - 2005 - 340 pàgines
...(1776, 700), commenting on director-overseen companies, complained that "negligence and profusion . . . must always prevail, more or less, in the management of the affairs of such a company." 3. For modern-day faculty who complain of the tyranny students exercise through course evaluations,... | |
 | Michael Nollert - 2005 - 578 pàgines
...Geschäftsführer auf Kosten der Aktionäre nachlässig und verschwenderisch mit dem Betriebseigentum umgehen: »Negligence and profusion, therefore, must always prevail, more or less, in the management of affairs of such company. They have accordingly, very seldom succeeded without an exclusive privilege;... | |
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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. 
