We've talked about a book written by Berle and Means who said that shareholders are so dispersed that they have really no control over a company and boards of directors are self-perpetuating.

我们曾提到过一本,写的书，Berle，and，Means,书中作者提到股东们过于分散,以至于他们对公司失去了控制权,但董事会却要长久地自我续存下去。

耶鲁公开课 - 金融市场课程节选