At the recent 51st Annual General Meeting of the Shareholders of GOIL Company limited held on Thursday, 20th August, 2020 at 11:00 am; shareholders were asked to vote on the following resolutions, among others:

(I) To declare a dividend for the year ended December 31, 2019

(II) To elect Directors retiring by rotation

(III) To authorize the Directors to fix the remuneration of the Auditors

(IV) To fix the remuneration of the Directors Shareholders' were therefore requested to vote for, against or abstain from the aforementioned resolutions.

As a corporate finance analyst, you are required to

a. Provide the implication of the above resolutions

b. Provide reasons / justification for your choice of vote, bearing in mind the key objective of every firm- maximization of shareholders wealth.

c. Enumerate the possible conflict of interest (agency problem) between the key stakeholders in each case