You Decide:

• After considering the arguments, should CEOs sit on the board of directors for other corporations?Why or why not?Is it time for the government to regulate CEO board membership?Explain your answer.

• If you were a major shareholder of a corporation, what kind of people would you seekin terms of both experience and personal characteristicsto sit on your board of directors?Why?

Communication Connection:

• Assume for a moment you are a minor shareholder in a major firm.You've recently seen articles in the press suggesting the board of directors of your corporation has several members who are deeply biased.You're especially concerned your board has two members who are CEOs of other major corporations, and one of those CEOs is on the compensation committee for your CEO (who brings in more each year than you hope to earn in the next decade). how do you explain to the chairman of your board expressing your concerns?Be creative regarding the details of the situation, but keep in mind a polite letter will likely be most effective. Use a business letter format and limit the letter to one page.