Fill in the gaps with the correct prepositions.

The supervisory board plays a crucial role in corporate governance (1 p.) providing oversight and ensuring accountability. One of its key functions is to monitor and control management to a certain degree, without interfering (1 p.) the management of the company directly. The supervisory board must approve the directors’ report and accounts and is responsible for voting (1 p.) issues allowed (1 p.) company legislation. Additionally, it can elect and re-elect the board, ensuring leadership stability.

In times of crisis, the supervisory board may be required to exert more authority, ensuring that management actions align (1 p.) the company’s long-term goals. It is also tasked with approving major decisions of the management board and ensuring an adequate flow of information (1 p.) shareholders. By separating executive and supervisory responsibilities formally, the board prevents shareholders (1 p.) directly influencing management, maintaining an impartial oversight role.

Shareholders, though limited in their powers, may ask awkward questions (1 p.) the annual general meeting and express their concerns. When dissatisfied, they can exercise their right of exit (1 p.) selling shares, also known (1 p.) voting with one’s feet. The supervisory board also addresses challenges such as the free-rider issue, ensuring that benefits accrue (1 p.) all shareholders fairly while maintaining a participatory framework to resolve conflicts cooperatively.