Question If a company is likened to a small democratic nation, then its directors are its government. Once elected and in control, the directors have almost total power over the operation of the company until they are removed. As with a democratic government, directors are answerable to the shareholders but historically, often actions complained of by shareholders have already taken place before the directors can be removed. Using the Companies Act 1993 and any other relevant material answer the following questions (a) Discuss the reporting requirements of Companies to Shareholders || You should include, as a minimum, a discussion on the relevant sections that require the company to report. These discussions should examine when the reporting is required, what needs to be included, who is entitled to see the reports