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