What are directors and what are independent and non- independent directors?
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What are directors and what are independent and non- independent directors?
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- What is interlocking boards of directors?What are the qualifications of a member of the Board of Directors?Explain the term “agency relationships” and discuss the conflicts that might exist in the relationship between’i) Shareholder and managersii) Shareholders and creditorsWhat steps may be taken to overcome these conflicts?
- According to agency theory: Select one: a. The stakeholders are the principal. b. The management board is the agent. c. The management board is the principal. d. Self-interest plays no role.What is the difference between internal corporate governance to external corporate governance in terms of its roles?Who is responsible for the Governance function? a. Board of Directors b. Internal Auditors c. None of the choices d. Management e. Process Owners
