1. How can efficient corporate governance affect the company’s performance? 2. What are the elements of agency relationship according to Jensen and Meckling (1976)? 3. What is the importance of the...

1. How can efficient corporate governance affect the company’s performance?

2. What are the elements of agency relationship according to Jensen and Meckling (1976)?

3. What is the importance of the implementation of control mechanisms in organizations?

4. Describe the major characteristics of shareholder-manager-auditor relationships in the governance framework.

5. Describe the role of boards of directors, corporate governance and independent auditors with regard to general meetings of shareholders.