"但是,这些公司的董事们管理的更多是别人的钱而不是他们自己的钱,因此不能期望他们会以同样的焦虑和谨慎来关注这些资金。"
— Adam Smith
Simplified Meaning:
When people are in charge of managing someone else's money, they usually do not care for it as attentively as they would if it were their own money.
Related tags
Accountability Corporate governance Corporate responsibility Directors Fiscal responsibility Investment managementFEATURED QUOTES