Question

1. Discuss board roles and responsibilities

2. Discuss “how to pay” to executives

3. Discuss board composition and board structure

4. Discuss different types of investors, their investment approaches and governance implications of those approaches

5. Define shareholder activism. Discuss shareholder rights and issues

6. Discuss corporate social responsibility along with sustainability and triple bottom line approach

7. Discuss the corporate governance practices in private family firms and young entrepreneurial firms (specifically IPO firms)

8. Discuss the determinants and consequences of executive compensation

Answer 1

ANSWER-1)

The role of the Board of Directors includes four aspects as discussed below:

-- Firstly, the Board of Directors represents the shareholders, thus they operate the corporation in an efficient and ethical approach to produce value for shareholders.

-- Secondly, the Board sets strategy for the company. They hold the responsibility for approving and keeping track of the strategy of the company as well as investment programs and annual budgets established in the action plan prepared by the executive officers. They play a leadership role in shaping the governance of the company

--Thirdly, the CEO is elected by Board of Directors and they also provide guidance to the CEO. They oversee the CEO as well as senior management in the competent and ethical operation of the corporation on a day-to-day

-- Fourthly, the main role of the board is to monitor the management in order to decrease total agency expenditure, and ensure the maximization of wealth of shareholder. They also ensure the financial condition and results of operations of the company are fairly represented and make timely disclosures to investors