Which ONE of the following statements about the 'divorce of control from ownership' is true?

If an organization is controlled by managers, profit will no longer be an objective for business organizations

Issues of corporate governance would not arise if shareholders had effective control of business organizations

Remuneration schemes for directors which are linked to share prices encourage the divorce of control from ownership

Managerial objectives are likely to be related to the size and growth of the organization rather than shareholder value