Numerous corporate law scholars have critically examined the structure and functions of the board of directors and have praised and criticized the board for its ability to monitor management and ma ximize shareholder wealth. The academic and business communities have failed to reach a consens us about how exactly the board should fit into the corporate governance structure, what its role and level of influence should be, how it is supposed to work toward the goal of shareholder wealth maxi mization. Although the members of the corporate law community have reached a variety of conclusi ons, they all rest on the assumption that a board of directors is both necessary and desirable Nkam Fonkam (2010) in his article on corporate governance in Cameroon Public Corporations, argu es that the board of directors of a large public corporation is ineffective to perform the functions as signed to it and should thus should be eliminated in favor of a governance system that more accura tely reflects corporate decision making. Hi concluded that corporate officers, investors and other st akeholders essential to the firm's daily operation and capital structure should be real corporate decis ion makers and should perform the functions assigned to the board, so that the existing vestigial bo ard of directors can completely wither away. With insights from the above paragraphs, answer the following questions a) State 2 roles and levels of influence of Board of Directors (BOD) on a corporation? b) In not more than 5 lines, explain how the BOD works towards the goal of shareholder wealt h maximization? c) What types of investment, financing and dividend decisions are taken at the Board Level. d) State and briefly describe two compensation devices that may be used to provide incentives for managers to maximize owners' wealth. e) State two examples of corporate decisions taken during Annual General Meetings (AGM) f) What is the difference between the BOD of a public Corporation and that of a private entity? g) State 2 potential sources of conflict between managers and BOD h) Apart from BOD members, name two other participants during Annual General Meetings