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Responsibilities of the board of directors

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Reference no: EM132570381

What are the responsibilities of the board of directors to stakeholders other than shareholders? 

  • "As a top executive, the only agency relationship I am concerned about is the one between me and the firm's owners. I think that it would be a waste of my time and energy to worry about any other agency relationships." What are these other agency relationships? How would you respond to this person? Do you accept or reject this view? Support your position.
  • What ethical issues surround executive compensation? How can we determine whether top executives are paid too much?

Reference no: EM132570381

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