Question 1: Briefly explain why a corporate entity requires a constitution and what kind of companies might have an all-executive board. Justify.
Question 2: Explain briefly the potential dilemma faced by board of directors in unitary board and how could the dilemma is overcome by two-tier board.
Question 3: Explain how listed companies are expected to comply with the 'Comprehend, Apply and Report' (CARE) requirement of the MCCG (2017).
Question 4: Explain the difference between resource dependency theory and resource-based theory in the context of corporate governance and justify the perception of these theories towards managers or directors.