Question
1. Small shareholders are powerless to influence corporate governance. Is this correct? Explain your answers. 2. How does creditor monitoring help control agency problems? Explain.
1. Small shareholders are powerless to influence corporate governance. Is this correct? Explain your answers.
2. How does creditor monitoring help control agency problems? Explain.
3. What is the role of compensation committee, compensation consultants and 'say on pay' in determining compensation plans?
4. How do incentives (pay for performance) motive managers to act in the interest of shareholders?
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
