1. According to Larcker and Tayan (Loosey Goosey Governance, page 2), the Board "has a dual mandate to advise and monitor the corporation and management." What problems does this dual mandate create for effective corporate governance by the Board?

2. Discuss what you believe to be the most important 1-3 benefits and 1-3 costs of the stakeholder model versus the shareholder model of corporate governance. Begin your discussion with your best statement of a summary description of each governance model.

3.Discuss whether you lean toward preferring the shareholder model or the stakeholder model, and why. five limitations of Financial Statement Analysis. Which of the five limitations do you believe is most important? That is, which limitation creates the biggest concerns for you about using financial statement analysis to choose among investments?