Read the mini-case “The Imperial CEO, JP Morgan Chase’s Jamie Dimon” on P.335 in the text. Answer the following questions
- What is CEO duality? What potential problems does it have on a firm’s corporate governance? (5 points)
- Evaluate the governance systems of JP Morgan Chase. How well does it protect shareholders’ interests? (5 points)
- Should the board get rid of CEO duality? Why or why not? What hindered the shareholder activists’ efforts to separate the two positions? (5 points)
Every question is up to 250 words and the answer question format, not the essay.