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3. A director is considered independent when he or she has no material relations with the company's management, owners, or other stakeholders that may

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3. A director is considered independent when he or she has no material relations with the company's management, owners, or other stakeholders that may influence the independence of his or her judgment. In general, shareholders, business partners, clients, and family members tend not to be considered independent. What value can an independent director bring to a company? Cite and explain at least three.

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