Roles in building shareholder wealth

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When companies first start up they are run and controlled by the owner/founder. At some point, the owner hires management to help with building the business and managing it from a day-to-day perspective. How does the role of the owner, manager and board of directors change as the company grows? What challenges would each role face while dealing with the other roles in building shareholder wealth? What attributes of each role would facilitate rapid grow in the business? Cite references.

Reference no: EM131633282

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