With this consistency, coupled with multivariate rather than dispersed ownership structure, standardized operation of the board of directors and management team to engage in internal control and dishonest little to solve the principal-agent problem.

It is this consistency, and not be distracted by more than $A shareholding structure, standardized operation of the Board of Directors, the management team out of the loopholes, such as those who control might be a good solution to the proxy agent.

Had this kind of uniformity, but in addition multi-dimensional not the dispersible stockholder's rights structure, the standardized operation board of directors, the management level team does dishonest ways and so on insider control possibly really micro, has solved the principal-agent problem well

With this consistency, coupled with multiple non-dispersed ownership structures, standardized operation of the Board of Directors, management team insiders control miscategorized may be little good to solve the principal-agent problem.

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