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GOOD-DAY!!

Prepared by:

Prof. Melissa Francia L. Almadrones


COB-CDSGA
Chapter V. Agency Problems in Corporate Governance:
Accountability of Managers and Stockholders

This Chapter aims to: count….

1.Defining and Enforcing Manager's 2.5 Six Basic Components for Accountability
Duties 2.6 Proxy Contest
1.1 Basics Functions of Managers 2.7 Steps Involved in a Proxy
1.2 Mintzberg's Set of Ten Roles Contest
1.3 Skills Needed by Managers 3. Discuss the Outside Forces: Regulators,
2. Discuss Mechanisms of Stockholders Government
Accountability Enforcement ( Civil and Criminal )
2.1 Three Key Features 4. Discuss the Sarbanes Oxley Act
2.2 Four Components of Accountability in Global 5. Discuss Gatekeeper and Access to Capital:
Governance Auditors;
2.3 Vertical Accountability Investment Banker- Rating Agencies; Exchange-
2.4 Horizontal Accountability the
Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

1.Defining and Enforcing Manager's Duties


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

1.Defining and Enforcing Manager's Duties


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

1.Defining and Enforcing Manager's Duties


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

1.Defining and Enforcing Manager's Duties


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

2. Discuss Mechanisms of Stockholders


Accountability
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators,


Government Enforcement ( Civil and
Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government


Enforcement ( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government


Enforcement ( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government Enforcement


( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators,


Government Enforcement ( Civil and
Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators,


Government Enforcement ( Civil and
Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators,


Government Enforcement ( Civil and
Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators,


Government Enforcement ( Civil and
Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators,


Government Enforcement ( Civil and
Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government Enforcement


( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government Enforcement


( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government Enforcement


( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

3. Discuss the Outside Forces: Regulators, Government Enforcement


( Civil and Criminal )
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

4. Discuss the Sarbanes Oxley Act


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

4. Discuss the Sarbanes Oxley Act


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

4. Discuss the Sarbanes Oxley Act


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

4. Discuss the Sarbanes Oxley Act


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

4. Discuss the Sarbanes Oxley Act


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

4. Discuss the Sarbanes Oxley Act


Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
Chapter V. Agency Problems in Corporate Governance: Accountability of
Managers and Stockholders

5. Discuss Gatekeeper and Access to Capital: Auditors; Investment


Banker- Rating Agencies; Exchange-the Financial Press.
THANK-YOU!!

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