Explain why corporate governance fails


Question 1: Explain why corporate governance fails.

Question 2: List some of the "indulgences" other than golden parachutes and poison pills (which are given to managers by the BOD) some managers have given to themselves.

Question 3: What do you think should be a reasonable spread (either a dollar or percentage spread) between the earnings of a firm's CEO and its lowest paid hourly workers and why?

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Other Management: Explain why corporate governance fails
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