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Companies whose managers own a significant proportion

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(i) Discuss the extent to which directors should be accountable to: (a) shareholders; (b) employees; (c) suppliers; (d) customers; (e) the government; (f ) the public.

(ii) Research 44 suggests that companies whose managers own a significant proportion of the voting share capital tend to violate the Cadbury recommendations on board composition far more frequently than other companies. Discuss the advantages and disadvantages of enforcing greater compliance.

Reference no: EM131048887

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