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Agency theory, insider ownership and corporate focus: some South African evidence
Item type: Journal Article • Journal: South African Journal of Accounting Research • Authors: S Davidson --- Department of Economics and Finance, AustraliaIt is widely believed that unbundling will immediately add value to shareholders. This paper investigates the basis for this belief. It is contended that the benefits of unbundling are not based on the US experience of corporate refocussing. In the...
