What do you understand by the term ‘Agency Theory’? [5 Marks] (b) Business organisations in Mauritius predominantly adop

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What do you understand by the term ‘Agency Theory’? [5 Marks] (b) Business organisations in Mauritius predominantly adop

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What do you understand by the term ‘Agency Theory’? [5 Marks](b) Business organisations in Mauritius predominantly adopt aunitary (one-tier) board structure. Outline the main features of aunitary board structure. [15 Marks] (c) Shareholders, Board ofDirectors and External Auditors are key actors in CorporateGovernance. Discuss this relationship.
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