2. Agency theory is based on the view that A. The purpose of corporate governance (CG) should be to satisfy (as far as possible) the objectives of all stakeholders. B. Boards of directors are considered as important mechanism for reducing transaction costs associated with environmental interdependency. C. Corporate governance will be to employ or design techniques or systems that can secure the interests and values of the management. D. The system of CG should be designed to minimise agency problems & costs.

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A:

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