Not clear why boards in listed companies could not make speedy decisions - if the will and skillset are there. At least boards in listed companies are more transparent as fiduciaries and often real investors can see the impact of their actions more directly.
(16-Jan-2019)
60 seconds with Bill Priestley
In our paper entitled Asset Management, Index Funds, and Theories of
Corporate Control, we dispute the principal arguments of three papers
addressing asset...
15 hours ago
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