Business, Management and Accounting
5 years ago

Stock companies without oversight risk passing judgment burden to stakeholders.

Wonkwang University Legal Research Institute
Corporate governance of stock companies without separation of ownership and management
Yasue Takagi, Shen Meihua

Paper Summary

The article discusses the challenges of managing small stock companies where ownership and management are not separated. It questions whether it's fair to shift the risk of business decisions to creditors or minority shareholders in such companies. The writer suggests that laws should be made to address this issue.

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