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By Frankforter, Steven A Davis, James H; Vollrath, David A; Hill, Vanessa This study tests the model of Davis, Schoorman, and Donaldson (1997) that proposed determinants of a company's governance structure.
Word of the Day
- A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.