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Corporate governance and corporate responsibility (Asymmetry of…
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Non-executive directors: Member of a company's board of directors who are not part of the executive team. A NED typically does not engage in the day-to-day management of the entity but focuses on policy and strategy and holds the executive to account
Satisfying: Describes the behaviour of managers to do just enough to satisfy shareholders and achieve an adequate return on their investment rather than maximising the return for shareholders
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