What happened to founder-owned U.S. firms as they grew? Control stayed with the founder-owners while management shifted to professionals. They acquired larger companies. Control shifted to professional managers while ownership shifted to shareholders. They remained founder-owned and founder-controlled.
What happened to founder-owned U.S. firms as they grew? Control stayed with the founder-owners while management shifted to professionals. They acquired larger companies. Control shifted to professional managers while ownership shifted to shareholders. They remained founder-owned and founder-controlled.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:What happened to founder-owned U.S. firms as they grew?
Control stayed with the founder-owners while management
shifted to professionals.
They acquired larger companies.
Control shifted to professional managers while ownership shifted
to shareholders.
They remained founder-owned and founder-controlled.
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