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a. Describe the role of interested and disintered directors in corporate governance. b. What is meant by the principle-agent problem in the context of corporate

a. Describe the role of interested and disintered directors in corporate governance.

b. What is meant by the principle-agent problem in the context of corporate governance? What are some ways agents can make-self serving decisions?

c. What are some mechanisms for redusing the adverse effects of agency problems?

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