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. Please indicate the shareholders response to the following events. P for positive response and N for negative response and briefly explain your choice. a.

. Please indicate the shareholders response to the following events. P for positive response and N for negative response and briefly explain your choice.

a. A busy director is removed from the board.

b. The board size increases for a complex firm.

c. A CEOs neighbor who has expensive industry experience has been added to the board.

d. A former CEO in the same industry has been added to the board.

e. A banker that provides loans to the firm has been added to the board.

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