The Rise of Mutual Funds Has Radically Changed the Way

The rise of mutual funds has radically changed the way corporations are controlled in that

A) it shifted ownership away from individual investors toward "institutional" investors like mutual funds.
B) mutual funds increased the percentage of corporate shares owned by individual investors.
C) corporate ownership became restricted to a select few.
D) it reduced the share of private ownership and increased the share of public (government) ownership.