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Question 1 (40%) The course addresses four important theories of corporate governance: agency theory, resource dependence theory, stakeholder theory, and stewardship theory

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Question 1 (40%)
The course addresses four important theories of corporate governance: agency theory, resource dependence theory, stakeholder theory, and stewardship theory.
Outline the main assumptions and differences of the four theories.
ii) What are the implications of each of the four theories for the functions and structure of corporate boards?