Question: In a three page research paper, consider corporate governance and its role in managing a company.
a. Provide an analysis that integrates the importance of corporate governance and its role in a company's operations and financial decision making.
i. Within the analysis give a definition of corporate governance and the purpose it serves within a firm.
ii. Explain the role of the board and the process for becoming a board member.
iii. Identify the factors that improve the effectiveness of a board of directors.
iv. List three provisions in many corporate charters that deter takeovers.
v. Explain how compensation is used to align the interests of managers with those of shareholders.
vi. Consider how environmental factors outside of the firm's control also affect corporate governance.