According to the Malay Mail (dated 29 May 2016), four former executive directors of Patimas Computers Berhad were charged by the Cyber Court here today on 10 counts of fraud, causing losses amounting to RM5.1 million to the company, six years ago. The four were charged with causing four subsidiaries to make payments totaling RM5.1 million for the development of various software for Patimas Computers Berhad, when the payments were not used for the purpose.

Question

(i) Explain THREE (3) other duties of director/executive directors of a company.

(ii) Suggest FOUR (4) ways on how companies can ensure that their managing teams act in accordance with the best interests of the company, without allowing the self-interest of these teams to interfere with the overall corporate interest.