7. Should the managers of a company own sizable amounts of common stock in the company? What are the pros and cons? 8. During the last few decades, a number of environmental, hiring, and other regulations have been imposed on businesses. In view of these regulatory changes, is maximization of shareholder wealth any longer a realistic objective? 9. As an investor, do you think that some managers are paid too much? Do their rewards come at your expense? 10. How does the notion of risk and reward govern the behavior of financial managers? 11. What is corporate governance? What role does a corporation's board of directors play in corporate governance? 12. Compare and contrast the roles that a firm's treasurer and controller have in the operation of the firm