3593EconomicsMedium
The purpose of separating management from ownership is to________?
Aensure that the long-term interests of the corporation outweigh short-term gains
Bshield absentee owners from any and all responsibility
Cshield the board of directors from any and all responsibility
Dsecure the highest possible salaries for managers
Correct answer
A. ensure that the long-term interests of the corporation outweigh short-term gains
Explanation
The correct answer is ensure that the long-term interests of the corporation outweigh short-term gains.