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List three corporate governance controls

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Question - LC Ltd is med size manufacturer of household appliances. Recently LC was Purchased by large appliance manufacturing conglomerate. Previous owner has agreed to stay on for three years to help manage transition. She has come to you to get some guidance about type of info she should provide to the board.

What type of info should the previous owner provide to board about corporate governance?

List three corporate governance controls that might have been present at the owner managed company.

Reference no: EM133123121

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