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The overall purpose of a corporation is to maximize the long-term return to the owners (shareholders). Question: Who is really responsible for fulfilling this purpose?

The overall purpose of a corporation is to maximize the long-term return to the owners (shareholders). Question: Who is really responsible for fulfilling this purpose? Provide an example and explain in not more than ten sentences.

Sound governance practices often lead to superior financial performance. However, this is not always the case. Provide an example and explain in not more than five sentences

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