1.Corporate governance in regular corporations

Think of most regular, publicly traded corporations that have many shareholders (Boeing, for example, or Coca-Cola).

What encourages the managers of such corporations to achieve superior performance?

Provide a list of at least five devices that help assure that the corporations are governed on behalf of shareholders and other stakeholders.

2.Share transferability restrictions

Suppose a prohibition on sale of stock was imposed tomorrow morning on all shares of Coca-Cola's common stock. What effects would the prohibition have on the firm's future performance? More generally, how does stock-market trading affect the operations and performance of most publicly traded corporations?