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  1. Outline how independent directors and independent auditors, contribute to ‘control’ in an organisation. 
  2. If we ignore the legal requirements, could companies be run more efficiently and cost-effectively by executive management, without a need for a board of directors?

 

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The reasoning behind how independent director contribute to the control lies in the fact how the director is independent. Here, the director is independent from management, compensation, and conflict of interest. Independent director is not dependent on the senior executives for the

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