Why is it important to separate management duties from ownership in a corporation?

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To guarantee managers receive the largest possible compensationTo prioritize the corporation's long-term goals over immediate profitsTo protect non-active owners from any form of accountabilityTo exempt the board of directors from all types of liability

Explanation

Separating management from ownership helps ensure that the corporation focuses on sustainable, long-term success rather than short-term financial gains. This structure aligns management's decisions with the future interests of the company rather than immediate profits.