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Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...
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agency dynamics within family businesses, as moderated by differing forms of governance and management practices … among family firms that employ differing governance and management practices. In particular, this study looks at how the … agency dynamics of family firms that employ the most concentrated forms of management and governance, manifested as owner …
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