"Essentially these stockholders, though still politely called "owners", are passive. They have the right to receive only. The condition of their being is that they do not interfere in management."
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p. 73; As cited in: Martin Sicker (2002) The Political Economy of Work in the 21st Century. p. 144.
https://en.wikiquote.org/wiki/Adolf_A._Berle
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Adolf A. Berle
Adolf Augustus Berle, Jr. (January 27, 1895 – February 17, 1971) was an American lawyer, educator, author, and diplomat. He was the author of , a groundbreaking work on corporate governance, and an important member of U.S. President Franklin Roosevelt's "".
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