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COUNCIL OF INSTITUTIONAL INVESTORS
Controlled Companies Built for Comfort, Not for Performance
Institutional investor, corporate governance pioneer, sharp-ey...
Controlled corporations - those US public companies where insiders get extra voting rights or the ability to elect the directors - claim that such special rights increase their returns for all investors. But the truth is that controlled companies are built for corporate comfort.
Moneyed Interests Lining Up For Battle Over Accounting Standards
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