In Corporate Governance the agency problem is between the Directors and managers Creditors and...

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In Corporate Governance the agency problem is between the Directors and managers Creditors and Directors Shareholders and Directors Question 12 Enlightened shareholder theory recognises that A) Only Shareholder wealth should be maximised @ @ Only Stakeholder wealth should be maximised Shareholder wealth can be maximised if interests of stakeholders are met Question 13 The response from the US government to the Enron, Tyco and Worldcom scandals was the A Sarbanes Oxley Act (2002) B Cadbury Report (1992) The Code (2012) esc 80 13 888 og 17 $ 1 2 # 3 % 5 4 6 7

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