Chapter 29
Corporate Governance
29–1. What inherent characteristic of corporations creates the need for a system of checks on manager
behavior?
29–2. What are some examples of agency problems?
29–3. What are the advantages and disadvantages of the corporate organizational structure?
29–4. What is the role of the board of directors in corporate governance?
29–5. How does a board become captured by a CEO?
29–6. What role do security analysts play in monitoring?
