1. Search the Web to find 10 bankruptcies that occurred about 3 years ago. In how many cases is the CEO still in charge today? What happened to the CEO afterward-did this CEO get a good job elsewhere?
2. Search the Web to identify any 30 Fortune 500 companies. In which of these firms is the CEO also the chairman of the board? What fraction of the board are employees of the company who are reporting directly to the CEO
3. Under what circumstances would you expect the sudden appearance of large shareholders to be good for minority shareholders? When would their appearance be good for independent executives?
4. Can you recommend other corporate governance reforms that were not described in this chapter? Discuss the pros and cons of your suggestions. Under what circumstances do you think the pros would outweigh the cons, and vice versa?