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" ... being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own. "
Encyclopaedia Britannica; Or A Dictionary of Arts, Sciences, and ... - ˹éÒ 334
1823
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Decline of the Corporate Community: Network Dynamics of the Dutch Business Elite

Eelke M. Heemskerk - 2007 - 260 ˹éÒ
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich man, they are apt to consider attention to small matters...in the management of the affairs of such a company' (Smith 1776/1993, book V, chapter I, par V.1. 107). Flagged by Adam Smith as a crucial problem of joint...
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Venture Capital, Corporate Governance, and Firm Value

Maik Kleinschmidt - 2007 - 297 ˹éÒ
...anxious vigilance with which the partner in a private copartnery frequently watch over their own. [...] Negligence and profusion, therefore, must always prevail,...in the management of the affairs of such a company. 127 Today's definitions of corporate governance differ, particularly in regard to the scope of the...
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Globalisation and Business Ethics

Karl Homann, Peter Koslowski, Christoph Luetge - 2007 - 256 ˹éÒ
...anxious vigilance with which the partners in a private copartnery frequently watch over their own .... Negligence and profusion, therefore, must always prevail,...in the management of the affairs of such a company. This problem of the negligent or even unfaithful management of others people's money concerns primarily...
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The Academy of Management Annals

James P. Walsh, Arthur P. Brief - 2007 - 750 ˹éÒ
...expected to "watch over it with the same anxious vigilance" one would expect from owners, and that "negligence and profusion, therefore, must always...or less, in the management of the affairs of such a company"3 (p. 324). In the United States, the acceptance of corporations was similarly uneven. As noted...
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Corporate Truth: The Limits to Transparency

Adrian Henriques - 2007 - 193 ˹éÒ
...the partners in a private copartnery frequently watch over their own. [...] Negligence and confusion, therefore, must always prevail, more or less, in the management of the affairs of such a company. (Smith, [1776] 1999, p330) Financial reporting, the most common expression of financial transparency,...
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Höhere Unternehmenswerte durch Corporate Governance?

Lena Lindlar - 2007 - 73 ˹éÒ
...private copartnery frequently watch over their own. [...] Negligence and profusion, therefore, must prevail, more or less. in the management of the affairs of such a company."15 Berle und Means (1932) wiesen erstmals explizit auf die Problematik der Trennung von Eigentum...
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Rechtsgeschichte der Wirtschaft: seit dem 19. Jahrhundert

Mathias Schmoeckel - 2008 - 512 ˹éÒ
...Geschäftsführer gingen daher nicht mit der gebotenen Sorgfalt mit dem Geld um3: „Like the steward of a rich man, they are apt to consider attention to small matters...their master's honour, and very easily give themselves dispensation from having it. Negligence and profusion, therefore, must always prevail, more or less,...
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Tax and Corporate Governance

Wolfgang Schön - 2008 - 425 ˹éÒ
...anxious vigilance with which the partners in a private copartnery frequently watch over their own ... Negligence and profusion, therefore, must always prevail,...or less, in the management of the affairs of such a company."4 In recent years scandals such as Enron or WorldCom brought corporate governance into sharp...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - 2007 - 1476 ˹éÒ
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a rich + v honor, and very easily give themselves a dispensation from having it. Negligence and profusion, therefore,...
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The Cambridge Handbook of Psychology and Economic Behaviour

Alan Lewis - 2012
...be as vigilant as if it was their own, concluding that: 'Negligence and profusion, therefore, must prevail, more or less, in the management of the affairs of such a company.' Berle and Means (1932) later considered the modern corporation and the weakening of control by shareholders...
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