1. Why have corporate governance concerns arisen in the past decade with respect to the relationship between the board and the CEO? Do you believe there are still grounds for continuing concern?
2. Evaluate the opinion that board accountability to shareholders is a myth.
3. Why might it make sense to have only outside directors determine the compensation of senior executives?
4. Select one of the shareholder rights proposals discussed in Part Two and present arguments both for and against its adoption.
5. How is the “war” on excessive executive compensation faring?