Wikipedia:Bak pasir: Perbedaan antara revisi
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<ref>{{Cite book|last=Gasali|first=Zaldi|date=2020|title=Pemegang Saham|location=Makassar|publisher=Nuansa Media|pages=2|quote=For a small owner-managed company, the manager and the owner are by definition the same person. But listed companies – in other words, companies whose shares are listed on the stock exchange – have a body of shareholders who are distinct from their managers (though it is common for company directors to hold some shares). Since at least as long ago as the 1930s, there has been a concern about how this division will affect the fortunes of both shareholders themselves and the wider economy. until the 1980s, however, company directors were in practice left to develop and implement company strategy with little reference to shareholders. Questions about their accountability went largely unasked.|url-status=live}}</ref>
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