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1.The typical CEO of a major Ghanaian Company is 56-58 years old and gets paid GHS3-5 million per year. From a game-theory perspective, explain why
1.The typical CEO of a major Ghanaian Company is 56-58 years old and gets paid GHS3-5 million per year. From a game-theory perspective, explain why corporate governance experts advise that such executives be required to hold common stock worth 7-10 years of total compensation.
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