The theory that argues that the real power in corporate governance lies with management who can take advantage of shareholder weakness to pursue self-interest is referred to as:

Question

Quizplus · Accepted Answer

The theory that argues that the real power in corporate governance lies with management who can take advantage of shareholder weakness to pursue self-interest is referred to as managerial hegemony theory. This theory suggests that management has the ability to influence decisions and control the outcomes of the corporation's activities to favor their own interests over those of shareholders.

The Theory That Argues That the Real Power in Corporate