Review Chapters 13, 14, and 18 in the course textbook.
Chapter 13, Shareholder Rights and Corporate Governance
Chapter 14, Consumer Protection
Chapter 18, The Community and the Corporation
Along with the chapter readings, pay particular attention to the following case in Chapter 13:
Whole Foods Adopts Egalitarian Compensation Policies – But Fights Back on Board Elections
Preparea 500-word posting identifying the major points from the chapterreadings. Conclude the post by considering the following casequestions:
Ifyou owned shares of stock in Whole Foods, would you support McRitchie’s3-and-3 proposal or the company’s 5-and-5 proposal? Why?
Howdoes Whole Food’s executive compensation practices compare with thoseof other firms, as described in this chapter? Do you think Whole Foods’approach is better or worse than that of most other companies, and why?
Somecompanies described in the case have voluntarily supported greaterproxy access for shareholders. What do you think has motivated them todo so?
Severalbusiness support groups mentioned in the case have opposed greaterproxy access for shareholders. What do you think has motivated them todo so?
Doyou believe Whole Food’s opposition to expanded proxy access isconsistent or inconsistent with other aspects of the company’s cultureand policies?
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