Question: Sunrise Finance Ltd . , a mid - sized financial services firm, has faced public criticism for its hoard's lax oversight and allegations of self

Sunrise Finance Ltd

.,

a mid

-

sized financial services firm, has faced public criticism for its hoard's lax oversight and allegations of self

-

dealing by top managers. Amid this, the CEO was awarded a large bonus despite poor performance, raising concerns. A new independent director has joined the board and is tasked with restoring trust.

.

Using Sunrise Finance Ltd

.'

s scenario, explain the role of corporate governance mechanisms in curbing the issues mentioned in the scenario.

(10

marks

)

.

Explain how Sunrise Finance Ltd

.

can enhance the effectiveness of its board of directors.

(10

marks

)

Sunrise Finance Ltd . , a mid - sized financial

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