Merle is a student who believes that since share ownership of corporations is so dispersed,actual control has passed into the hands of managers who run firms on a day-to-day basis.Merle's ideas echo those of:

Question

Quizplus · Accepted Answer

Adolf Berle and Gardiner Means argued in The Modern Corporation and Private Property that the separation of ownership and control in modern corporations has shifted power from shareholders to managers, who wield significant control over the day-to-day operations and strategic decisions of the corporation. Merle's ideas align with this perspective.

Merle Is a Student Who Believes That Since Share Ownership