...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' (Smith 1776/1993, book V, chapter I, par V.1. 107). Flagged by Adam Smith as a crucial problem of joint...

...anxious vigilance with which the partner in a private copartnery frequently watch over their own. [...] Negligence and profusion, therefore, must always prevail,...in the management of the affairs of such a company. 127 Today's definitions of corporate governance differ, particularly in regard to the scope of the...

...anxious vigilance with which the partners in a private copartnery frequently watch over their own .... Negligence and profusion, therefore, must always prevail,...in the management of the affairs of such a company. This problem of the negligent or even unfaithful management of others people's money concerns primarily...

...expected to "watch over it with the same anxious vigilance" one would expect from owners, and that "negligence and profusion, therefore, must always...or less, in the management of the affairs of such a company"3 (p. 324). In the United States, the acceptance of corporations was similarly uneven. As noted...

...the partners in a private copartnery frequently watch over their own. [...] Negligence and confusion, therefore, must always prevail, more or less, in the management of the affairs of such a company. (Smith, [1776] 1999, p330) Financial reporting, the most common expression of financial transparency,...

...private copartnery frequently watch over their own. [...] Negligence and profusion, therefore, must prevail, more or less. in the management of the affairs of such a company."15 Berle und Means (1932) wiesen erstmals explizit auf die Problematik der Trennung von Eigentum...

...Geschäftsführer gingen daher nicht mit der gebotenen Sorgfalt mit dem Geld um3: „Like the steward of a rich man, they are apt to consider attention to small matters...their master's honour, and very easily give themselves dispensation from having it. Negligence and profusion, therefore, must always prevail, more or less,...

...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."4 In recent years scandals such as Enron or WorldCom brought corporate governance into sharp...

...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich + v honor, and very easily give themselves a dispensation from having it. Negligence and profusion, therefore,...

...be as vigilant as if it was their own, concluding that: 'Negligence and profusion, therefore, must prevail, more or less, in the management of the affairs of such a company.' Berle and Means (1932) later considered the modern corporation and the weakening of control by shareholders...