Hi this is a study guide, not an actual exam. Please answer the questions to help me study.

1. Discuss the two opposing perspectives on firm social responsibility. Include ESG in your discussion. 2. Do boards of directors serve the interest of the shareholders? Explain. 3. Identify the two perspectives on the agency problem. Should this be a major concern in most U.S. firms? Why or why not. 4. What is the difference between takeovers and leveraged buyouts? Are either good for U.S. firms or the economy? Why? 5. Identify six common perspectives on managerial ethics. What is your perspective, and why