Legacy
Looking back in the context of the 2012 US presidential campaign, Nicholas Lemann in The New Yorker wrote that the 1976 Jensen/Meckling article "provided the intellectual foundation for bringing together one set of ideas about how to change the ownership structure of a company with another set of ideas about how to change the way it operated . That consolidation led to the creation of Bain Capital, in 1984, and made Mitt Romney very rich."
Read more about this topic: Theory Of The Firm
Famous quotes containing the word legacy:
“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
—Desiderius Erasmus (c. 1466–1536)