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What is the purpose of having a two-tier system

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What is the purpose of having a two-tier system of boards of directors in countries such as Germany? How does the dual board approach ameliorate the potential conflicts in the principal-agent relationship between investor and manager?

Reference no: EM13867047

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What is the purpose of having a two-tier system : What is the purpose of having a two-tier system of boards of directors in countries such as Germany?
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