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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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