Ex. 6.11. Discuss the following points:
- ‘The Anglo-American model of putting the shareholder first is bad for the employees, bad for the community and bad for business.’ Do you agree or disagree with this statement?
- In your country, is there a tradition of having a strong and independent Board that represents the interests of the shareholders and can hire and fire the CEO?
- What are the advantages and disadvantages of working for a medium-sized family-owned business, as compared to a large public company?
- Has there been a story in the news recently about weak corporate governance at a particular company? Perhaps it led to a financial disaster, or a corruption scandal, or something else. What do you know about it?