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1. In recent years, there have been many large- and small-scale corporate failures, driven in part by ethical, accounting, or risk management improprieties. However, the

1. In recent years, there have been many large- and small-scale corporate failures, driven in part by ethical, accounting, or risk management improprieties. However, the executives and directors of these companies have in many cases gained employment as directors of other firms. Should this be a concern for shareholders of these firms?

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