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1. Corporate governance is the set of mechanisms used to manage the relationship among stakeholders and to determine and control the strategic direction and performance
1. Corporate governance is the set of mechanisms used to manage the relationship among stakeholders and to determine and control the strategic direction and performance of organizations. a. Describe the agency relationship Answer: b. Discuss three corporate governance mechanisms that firms may use to manage their relationship with stakeholders citing examples from the local or international companies. Answer:
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