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(12 marks) Explain key governance policies in a family owned business. corporate governance in a publicly held company. Are independent directors required in a family

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(12 marks) Explain key governance policies in a family owned business. corporate governance in a publicly held company. Are independent directors required in a family owned business? Why or why not? a) b) Explain the key differences between the governance of a family owned business and (10 marks) c) (8 marks)

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