1)What is the role and functions of the board of directors?

2)The board helps in the establishment of committees such as (audit, remuneration and compensation committees) to assist in the monitoring and supervision of activities in the company. As an CG expert, explain the functions of these committees and identify which committee is essential by law and regulatory by companies?

3)Briefly explain the term ownership is separate from control in the Anglo-American model and why is the shareholder model important?

4)What is stakeholder model and should organization exist to satisfy the interest of all stakeholder groups and if so why?

5)What is agency cost and how can an external auditor help solve any agency problem between the agent and the principal?

6)How can the interest of the agent and the principal closely aligned?