 | 1823 - 878 ページ
...which the partners in a private copartnery frequently watch over their own. Like the stewards of a ricb man, they are apt to consider attention to small matters...for foreign trade have seldom been able to maintain the competitions against private adventurers. They have, accordingly, very seldom succeeded without... | |
 | Adam Smith - 1839 - 448 ページ
...trouble and from risk, beyond a limited sum, encourages many people to become adventurers in joint stock companies, who would, upon no account, hazard their...affairs of such a company. It is upon this account that joint stock companies for foreign trade have seldom been able to maintain the competition against private... | |
 | John Ramsay McCulloch - 1852 - 790 ページ
...have the same powerful motives to act with energy, prudence, and economy. " Like," says Dr. Smith, " the stewards of a rich man, they are apt to consider...or less in the management of the affairs of such a compjny." It also not unfrequently happens that they sutler from the bad faith, as well as the carelessness... | |
 | Adam Smith - 1875 - 808 ページ
...be expected that they should watch over k with the same -xious vigilance with which the partners in private copartnery frequently watch over their own....affairs of such a company. It is upon this account that joint stock companies for foreign trade have seldom been able to maintain the competition against private... | |
 | Arnold Toynbee - 1884 - 304 ページ
...the partners in a private copartnery frequently watch over their own. . . . Negligence and profusion must always prevail, more or less, in the management of the affairs of such a company." 2 This is an instance of pure a priori reasoning, but Smith's main argument is derived from the history... | |
 | 1887 - 1008 ページ
...of a rich man, they are apt to consider attention to small matters as not for their master's honor Negligence and profusion, therefore, must always prevail,...in the management of the affairs of such a company .... That a joint-stock company should he able to carry on successfully any branch of foreign trade,... | |
 | Arnold Toynbee - 1887 - 314 ページ
...the partners in a private copartnery frequently watch over their own. . . . Negligence and profusion must always prevail, more or less, in the management of the affairs of such a company." 2 This is an instance of pure a priori reasoning, but Smith's main argument is derived from the history... | |
 | Carel Christiaan Dekema - 1908 - 114 ページ
...zijn van vele naaml. venn. wanneer men Adam Smüh l) mag gelooven. Hij vergeleek directeuren met de „stewards of a rich man." „They are „apt to...prevail, more or less, in the mana„gement of the affaire of such a company". Voor den modernen tijd getuigt Marshall 2) „It is a strong proof of „the... | |
 | William Dwight Porter Bliss, Rudolph Michael Binder - 1908 - 1358 ページ
...rich man, they are apt to consider attention to small matters as not for their master's honor. . . . Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs in such a company. . . . That a joint-stock company should be able to carry on successfully any branch... | |
 | Arnold Toynbee - 1908 - 328 ページ
...the partners in a private copartnery frequently watch over their own. . . . Negligence and profusion must always prevail, more or less, in the management of the affairs of such a company.' 1 This is an instance of pure a priori reasoning, but Smith's main argument is derived from the history... | |
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The directors of such companies, however, being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently... 
