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Is the following comment correct? Shareholders are the owners of a corporation and the board of directors must consider the shareholders interests and instructions above

Is the following comment correct?

Shareholders are the owners of a corporation and the board of directors must consider the shareholders interests and instructions above all others.Is this correct?

Discuss. Your answer must discuss specific Australian legislation and case law.

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Students should discuss specific real-world examples, for example perhaps the matters raised in the banking royal commission.

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