What happened to founder-owned U.S. firms as they grew? Control stayed with the founder-owners while management shifted to professionals. They acquired larger companies. Control shifted to professional managers while ownership shifted to shareholders. They remained founder-owned and founder-controlled.

What happened to founder-owned U.S. firms as they grew? Control stayed with the founder-owners while management shifted to professionals. They acquired larger companies. Control shifted to professional managers while ownership shifted to shareholders. They remained founder-owned and founder-controlled.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter1: An Overview Of Managerial Finance

Section: Chapter Questions

Problem 17PROB

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