Inefficient product market structures

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Reference no: EM13686654

Adolph Berle and Gardiner Means argued that widely held corporations will be run inefficiently by professional managers. Their argument is based on:

A) Inefficient product market structures.

B) An inefficient market for CEOs.

C) Block holders' control.

D) Incentive conflicts among shareholders and managers.

Reference no: EM13686654

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