(Solved): Question 47 1 pts Lin & Tomaskovic-Devey's study sought to assess how well the economists' SBTC ...

Question 47 1 pts Lin & Tomaskovic-Devey's study sought to assess how well the economists' SBTC theory vs. the shareholder value/cultural story explained income inequality in the U.S. between 1980 and 2000. Their main finding was that: The cultural factor was very significant while SBTC was an insignificant factor. SBTC was very significant while the cultural factor was insignificant. Both SBTC and shareholder value culture were about equally significant factors. Both SBTC and shareholder value culture were significant factors, but the magnilude of the cultural fector was greater.