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In this article, the authors explore the origins of share ownership and its implications for corporate governance. They trace some of the current problems with governance structure that exist in public companies and what solutions can be applied to correct these problems. The authors also offer some guidance on what it means to be a shareowner. They do not advocate changes to the securities laws and regulations. Rather, they argue for a change in investor attitudes‐a frame of mind that reminds investors of their ownership rights and duties.
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Carlson et al. (2003) studied this question.
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