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A comment on Organization Probably Doesn't Want to Improve Things. Parent comment
https://en.m.wikipedia.org/wiki/Principal%E2%80%93agent_prob...
The shareholders are uninformed and disorganized. They might take their money out but that will take a long time. Meanwhile, management and the board control the flow of information and can take decisions together.
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https://en.m.wikipedia.org/wiki/Principal%E2%80%93agent_prob...
The shareholders are uninformed and disorganized. They might take their money out but that will take a long time. Meanwhile, management and the board control the flow of information and can take decisions together.