Berle thought that allowing the markets to self-regulate would lead to:

Question

Quizplus · Accepted Answer

Adolf A. Berle, Jr., a key figure in the field of corporate governance, was critical of the idea that markets could self-regulate without leading to negative consequences. His concerns were informed by the historical context of the 1929 market crash, which he believed could recur if markets were left to operate without sufficient oversight. This perspective reflects a broader skepticism about the ability of unregulated markets to prevent financial crises.

Berle Thought That Allowing the Markets to Self-Regulate Would Lead