n Transactions of the Centre for Business Law - Pure corporate control in the United States of America : chapter 5 : part three : United States of America on corporate control




The concept of corporate control emerged because of a need for corporations to regulate corporate interactions. Moreover, this has become prevalent because of the separation of ownership from control. The board of directors and the managers on corporations can exert control over corporate decisions in a number of ways. As corporations grew, the role of shareholders also expanded in corporations through their ability to make certain corporate decisions.


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