 | Anthony Giddens, David Held - 1982 - 664 lapas
...and valid information. Following Berle and Means, "control" has generally been defined to refer to the "actual power to select the board of directors (or its majority)," although control may also "be exercised not through the selection of directors, but through dictation... | |
 | 1991 - 436 lapas
...Since direction over the activities of a corporation is exercised through the board of directors, we may say for practical purposes that control lies in...not through the selection of directors, but through dictation to the management, as where a bank determines the policy of a corporation seriously indebted... | |
 | Saleem Sheikh - 2002 - 471 lapas
...'control'. They believed that 'control' was located in the hands of the individual or group who had the actual power to select the board of directors (or its majority), either by mobilising the legal right to choose them or by exerting pressure which would influence the decision-making... | |
 | Philip Stiles, Bernard Taylor - 2001 - 182 lapas
...Defining control Berle and Means define control as the ability to determine the board of directors: 'control lies in the hands of the individual or group...the actual power to select the board of directors' (1932: 4). This definition has been supported by Herman, who states that 'the basic question of establishing... | |
 | Roman Tomasic, Stephen Bottomley, Rob McQueen - 2002 - 964 lapas
...decision-making. For the purposes of their study, Berle and Means defined control of a corporation as being in the hands of "the individual or group who have...actual power to select the board of directors, (or its majority)"."8' Berle and Means identified five major types of control, each of which can be located... | |
 | H. W. de Jong, William G. Shepherd - 2007 - 342 lapas
...'control' as something distinct from either ownership or management (p. 66). They define control as 'for practical purposes (that) control lies in the...to select the board of directors (or its majority)' (p. 66). They go on to identify and quantify the various methods of control ranging from control by... | |
 | Alberto Chong, Florencio Lopez de Silanes - 2007 - 580 lapas
...Since direction over the activities of a corporation is exercised through the board of directors, we may say for practical purposes that control lies in...by exerting pressure which influences their choice, (p. 69) However, subsequent corporate research for many years focused only on the structure of corporate... | |
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Since direction over the activities of a corporation is exercised through the board of directors, we may say for practical purposes that control lies in the hands of the individual or group who have the actual power to select the board of directors, (or... 