The major condition of modern corporations that contributes to the corporate governance problem is the separation of ownership from control.

Question

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The separation of ownership from control in modern corporations means that the shareholders (who own the company) do not have direct control or influence over the company's management and decision-making processes, which can lead to conflicts of interests and a lack of accountability. This is a major contributing factor to the corporate governance problem.

The Major Condition of Modern Corporations That Contributes to the Corporate