With regards to the board of directors and shareholders of a listed company, which one of the following statements is TRUE? a$)$ The shareholders act as an agent for the board and have access to more information than the board b$)$ The shareholders act as an agent for the board and have access to less information than the board c$)$ The board acts as an agent for the shareholders and has access to less information than shareholders d$)$ The board acts as an agent for the shareholders and has access to more information than shareholders