3. (a) What are the roles and responsibilities of an effective and active Board of Directors? (b) Briefly discuss the ag

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3. (a) What are the roles and responsibilities of an effective and active Board of Directors? (b) Briefly discuss the ag

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3. (a) What are the roles and responsibilities of an effective
and active Board of Directors?
(b) Briefly discuss the agency theory and stewardship
theory.
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