{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T03:17:20-04:00", "answer_date": "2024-06-06 03:17:20", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2338338", "url": "\/study-help\/questions\/12-dene-corporate-governance-and-explain-why-it-is-used-2338338", "question_creation_date_js": "2024-06-06T03:17:20-04:00", "question_creation_date": "Jun 06, 2024 03:17 AM", "meta_title": "[Solved] 12. Dene corporate governance and explain | SolutionInn", "meta_description": "Answer of - 12. Dene corporate governance and explain why it is used to monitor and control top-level managers' decisions. 13. Rea | SolutionInn", "meta_keywords": "12,dene,corporate,governance,monitor,control,top-level,managers,decisions,13,read,cases", "question_title_h1": "12. Dene corporate governance and explain why it is used to monitor and control top-level managers' decisions. 13. Read the following cases and answer the", "question_title": "12. Dene corporate governance and explain why it is used to monitor", "question_title_for_js_snippet": "12 Dene corporate governance and explain why it is used to monitor and control top level managers' decisions 13 Read the following cases and answer the questions listed below The Imperial CEO, J P Morgan lChase's Jamie Dimon Is It the End of Corporate Governance Jamie Dimon, CEO of J P Morgan lChase survived the Great Recession quite well However, in 2012 it suffered losses of more than $6 billion due to excessive risk taking by traders in its London operations Some of the loss was attributed to poor oversight at the top Shareholder activists sought, unsuccessfully, to split the positions of CEO and Chair of the Board Executives and board members at J P Morgan Chase worked to keep the positions together This is a statement on governing in)effectiveness at the firm The Opening Case speculates that because the same ownership structure exists at seven of the firm's ten largest institutional investors' firms, and that because these investors want banks to engage in high risk activities (because the downside risk of loss to them is low these investors prefer the status quo governance arrangement Whatever the reasons, this case does demonstrate how weak shareholder rights are in the US and that boards seldom act in ways that are counter to effective oversight and control Question What are the corporate governance issues highlighted in the case Rationalize your response", "question_description": "\"image
\"image<\/div><\/div><\/div> 12. Dene corporate governance and explain why it is used to monitor and control top-level managers' decisions. 13. Read the following cases and answer the questions listed below: The Imperial CEO, J .P. Morgan lChase's Jamie Dimon: Is It the End of Corporate Governance? Jamie Dimon, CEO of J .P. Morgan lChase survived the Great Recession quite well. However, in 2012 it suffered losses of more than $6 billion due to excessive risk taking by traders in its London operations. Some of the loss was attributed to poor oversight at the top. Shareholder activists sought, unsuccessfully, to split the positions of CEO and Chair of the Board. Executives and board members at J .P. Morgan Chase worked to keep the positions together. This is a statement on governing [in)effectiveness at the firm. The Opening Case speculates that because the same ownership structure exists at seven of the firm's ten largest institutional investors' firms, and that because these investors want banks to engage in high risk activities (because the downside risk of loss to them is low] these investors prefer the status quo governance arrangement. Whatever the reasons, this case does demonstrate how weak shareholder rights are in the US. and that boards seldom act in ways that are counter to effective oversight and control. Question: \"What are the corporate governance issues highlighted in the case? Rationalize your response", "transcribed_text": "", "related_book": { "title": "Mathematical Applications for the Management Life and Social Sciences", "isbn": "9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042", "edition": "11th edition", "authors": "Ronald J. Harshbarger, James J. Reynolds", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1386.jpg", "uri": "\/textbooks\/mathematical-applications-for-the-management-life-and-social-sciences-11th-edition-1386", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8862208191", "uri": "\/textbooks\/the-lady-in-the-bay-window-a-true-story-of-a-haunted-sheffield-home-1st-edition-979-8862208191-318989", "name": "The Lady In The Bay Window A True Story Of A Haunted Sheffield Home", "edition": "1st Edition" }, "question_posted": "2024-06-06 03:17:20", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/consider-an-open-purchase-order-file-in-a-manufacturing-company", "description": "Consider an open purchase order file in a manufacturing company. 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