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1 Can a managers actions be legal but not ethical? 2 Difference between inside and outside directors 3 Define adverse selection 4 What could have

1 Can a managers actions be legal but not ethical?

2 Difference between inside and outside directors

3 Define adverse selection

4 What could have prevented Enrons collapse as well as the financial crisis in 2008?

5 What are the sources of most principal-agent problems with management?

6 Moral hazard definition and examples

7 Why do companies grant stock options as part of management compensation contracts?

8 Is it legal and ethical for top managers to hold insider information so long as they dont trade shares on the information?

9 Who is responsible for ensuring a firms financial statements are accurate and not misleading?

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