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WebMar 3, 2013 · This paper challenges a persistent and pervasive view in corporate law and corporate governance: that a firm’s managers ... -held intuition that taking steps to increase long-term shareholder returns will generate a larger economic pie over time. But this ... AOL-Time Warner, corporate governance, short-termism, short ... WebThis paper argues that the corporate failure outcomes at AOL Time Warner and WorldCom were due to a confluence of factors, including 1) intimidating corporate culture, 2) … butler wash ruins
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