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In this video tutorial on corporate governance, the importance of understanding the Companies Act is highlighted, especially for students who may find it challenging. The speaker emphasizes the necessity of this knowledge by discussing the various stakeholders involved in a company, including shareholders, employees, the government, the management team, and the board of directors. Each group has a vested interest in the company's performance and shareholder value, yet their levels of interest may vary. The tutorial aims to outline these roles and the significance of governance in ensuring the company meets the expectations of its stakeholders.
