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Review this video, Corporate Governance Seminar 2012: Panel Discussion (http://economictimes.indiatimes.com/et-now/corporate/corporate-governance-seminar-2012-panel-discussion/videoshow/16798384.cms)
Then answer the following:
What is the utility of a strategic advisory (governing) board versus a statutory board?
Do you feel that the role of the statutory board could be replaced by independent auditors in Western, Anglo-American firms?
What about firms from continental Europe, Asia, Latin America, and Africa?
Need at least 1.5 to 2 pages plus references.
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