In the modern U.S. corporation, the ownership and managerial control of the firm are separated.

Name: In the modern U.S. corporation, the ownership and managerial control of the firm are separated.
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In the modern U.S. corporation, the ownership and managerial control of the firm are separated, with shareholders owning the company and a board of directors appointed to make strategic decisions and oversee management. The hired managers then oversee the day-to-day operations of the company.

In the Modern U