Case Study

Question GOLDMAN SACHS: HELLO LLOYD, MEET BLANKFEIN

THE GOLDMAN WAY

Do you think CEO duality is necessarily bad corporate governance? What are its pros and cons, if any? How different are codes or regulations over the Chairman CEO role for Caribbean firms? (10 marks)

2. What is your view about CEO duality in the case of Goldman Sachs? What has its impact been for Goldman shareholders? Can CEO duality be justified with Goldman's good financial standing? (10 marks)

3. What do you think are possible measures that can be taken by stakeholders (e.g., regulators, board of directors and shareholders) or management in curbing the perceived problems of CEO duality? (10 marks)

4. Shareholder activism has often been argued to be an important corporate governance mechanism. Do you agree? (5 marks)