I'm struggling to connect the syllabus to the questions that come eg q1 for sbl dec 2020 was to do with governance. Can someone show me which part exactly in the topic of governance, came in the question??
Chapter 3 - Governance. is a long topic. it talks about board structure and etc etc. you may have to study chapter 3 and revist this topic. Agent - principal theory is chap 2 but is more related to chap 3. the executive board is the agent acting on behalf of the shareholders. If u read chap 3 and then revist this qn, you will be able to see more clearly. by the way, principal - agent theory on NGO is from the SBL technical article. so it comes from there. important to glance or read technical articles for knowledge which may help or come in handy when answering the qns.