Question

Shelley newcome is the new ceo for a publicly traded financial services company, asset management co. (amc). newcome is new to the corporate governance requirements of a publicly traded company, as she previously worked for a family office that invested in private equity. at her first board meeting, the company's first in six months, she asks a director what the objectives of corporate governance should be. the director tells her that the most important objective he can think of is to eliminate or mitigate conflicts of interest among stakeholders. one of newcome's first steps as ceo is to fly to new york city in order to address a group of wall street analysts. newcome is happy to discover that amc provides her, and other senior management, with a company jet to attend such meetings. at the opening of the meeting, newcome is surprised to hear that most of the analysts are extremely interested in learning about amc's corporate governance system. one analyst indicates that he has studied several of amc's competitors and found that they share a set of

Answer 1

One analyst indicates that he has studied several of amc's competitors and found that they share a set of critical and core attributes. They included the following attributes rights or shareholders and other core stakeholders are clearly delineated.