Question 1: Discuss the informal corporate governance mechanisms and explain how they can mitigate agency problems in publicly listed firms. Your discussion should be based on academic evidence. Question 2: Discuss how board independence affects corporate performance, and how endogeneity concerns could be relevant in this context. Your discussion should be based on academic evidence. Question 3: Discuss the key roles played by boards of directors in corporate governance. Your discussion should be based on academic evidence.
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