1. Does the desire to raise equity capital always control managerial agency conflicts? That is, does it induce managers to do the right thing?
2. Are all de facto "bribes" of executives illegal?
3. Search the Web to find the executive compensation of the 10 highest-paid executives last year. In which cases would you attribute the salary to superior performance of the executives themselves?
4. Make the argument why managers in the United States are paid appropriately.
5. Make the argument that managers in the United States are paid too much.
6. Discuss the pros and cons of the government taking a more active role in determining the corporate governance rules by which corporations operate.