Please choose ONE of the following questions:
1. Exclusive focus on the protection of shareholder interest fails to afford adequate consideration to non-financial investments, which are crucial to long-term business success. Thus, stakeholders-oriented legal systems are better for society in the long term than their shareholder-oriented counterparts. Critically evaluate. OR
2. The notion that corporate decision-making power rests exclusively in the board of directors is a fallacy. Shareholders are sufficiently equipped and positioned to influence corporate policy on an ongoing basis. Discuss. OR
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3. Higher records of diversity at the board level indicates that Comply or Explain works effectively in the Corporate Governance system. Critically assess stating your opinion.
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