11_5_09(1) - 11/5/09 * Get notes from 10/29/09 Corporate...

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11/5/09 * Get notes from 10/29/09 Corporate governance, board of directors, activist shareholders, corporate social responsibility Board of Directors 1. Protect and build shareholder value 2. Help management run the company 3. The four major committees: a. Audit Committee: specialize in overseeing the financial/accounting aspects i. Responsible for regulating the companies Registered Independent Public Accounting Firm, ex: Earnest and Young. Makes is a big process to change accounting firms b. Independent committee c. Nomination committee: nominates a corporate governance d. Compensation committee, focus on how senior management is compensated as well as the broader compensation plans for senior management * Proxy Statement: Information about the board of directors such as who is on the board, how much they get paid, how often they meet, how often member attended meetings, and who the top executives are ($ bonuses stock and perks) and Criteria for Board of Directors 1. Ownership, directly with shares or a financial investment in the company
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This note was uploaded on 02/25/2012 for the course HIST 1310 taught by Professor Marshall during the Fall '08 term at Texas State.

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11_5_09(1) - 11/5/09 * Get notes from 10/29/09 Corporate...

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