Suggestions

• What conditions would imply the absence of Pareto improvements available from contracts capable of inducing a rise in effort?

• What influence do banks have in the German system?

• What happens when a managerial firm enters the market?

• What was the ownership interest of corporate directors and management in the years 1973-82?

• What is the role of the capital market in preventing cheating of shareholders?

• What resources might seek some form of control over the firm?

• Why might shareholder monitoring appear to be of little practical importance?

• What is the relationship between ownership concentration and firm size?