Page 5 - FINAL CFA SLIDES DECEMBER 2018 DAY 11
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Session Unit 10:
                                                                  34. Corporate Governance and ESG: An Introduction


        LOS 34.b: Describe a company’s stakeholder groups and compare interests of stakeholder groups., p. 2



                                                                              LOS 34.c: Describe principal–agent and other
                                                                              relationships in corporate governance and the
                                                                              conflicts that may arise in these relationships., p.3






                                                         tanties





                                                                    Principal-Agent Relationship:
                                                                    •   Principals –shareholders
                                                                    •   Agents – Executives (employees)







                                                           Minority v
                                                           majority
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