Corporate Governance (Intro)

The video tutorial provides an in-depth look at business governance, focusing on the roles and responsibilities of stakeholders, particularly shareholders, directors, and officers. It introduces key theories like agency and stakeholder theory, and discusses shareholder rights, duties, and activism. The tutorial also covers the composition and duties of the board of directors and officers, including protections like the business judgment rule. It examines internal and external influences on corporate governance, such as laws and ethical codes, and addresses internal conflicts and governance issues, including decision-making and takeovers.

What is the primary focus of business governance?

Describe the roles and responsibilities of shareholders in a corporation.

What is a derivative action and how does it relate to shareholder rights?

Explain the concept of the business judgment rule.

What are some internal and external influences on corporate governance practices?

Identify potential sources of internal conflict that can lead to corporate governance issues.

How can misaligned incentives for officers and directors affect corporate governance?