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  2. The crisis of shareholder primacy | University of Cambridge

    https://www.cam.ac.uk/research/discussion/the-crisis-of-shareholder-primacy
    Thumbnail for The crisis of shareholder primacy | University of Cambridge 19 Mar 2012: All of this is designed to align the interests of shareholders and managers. ... Basically, financial institutions profit from the “spread” between short- and long-term interest rates.
    By: @cambridge_uni

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