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Q.1) Discuss the altemative goals of the firm and explain why finance recommends shareholder value maximization? [25 marks] Q.2) Discuss the reasoning of agency theory

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Q.1) Discuss the altemative goals of the firm and explain why finance recommends shareholder value maximization? [25 marks] Q.2) Discuss the reasoning of agency theory recommendations for an independent board structure to enhance Corporate Govemance. Examine the extent to which Agency Theory's recommendations have led to enhance firm performance? (25 Marks]

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