1.Which internal corporate governance provision do you feel has the best ability to limit agency conflicts? Why?

a. Monitoring and discipline (threat to fire) by the board of directors

b. Charter provisions and bylaws that affect the likelihood of hostile takeovers

c. Compensation plans

d. Capital structure choices

e.Accounting control systems

2.

Which external corporate governance factor do you feel has the best ability to limit agency conflicts? Why?

a. Regulations and laws

b. Block ownership patterns

c. Competition in product markets

d. The media and litigation