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OWNERS AND MANAGERS / TUTORIALOUTLET DOT COM

• Owners and managers 
• FOR MORE CLASSES VISIT
• www.tutorialoutlet.com
• A Lack of Consensus on Corporate Governance - The
  New York Times 1 of 4 http//www.nytimes.com/2015/
  09/30/business/a-lack-of-consensus-on-...
  http//nyti.ms/1M0eAwr Deal Professor By STEVEN
  DAVIDOFF SOLOMON SEPT. 29, 2015 A civil war has
  erupted among shareholders as pension funds and
  mutual funds fight over what constitutes good
  governance.
• In the latest skirmish, the mutual funds notched
  a victory in defeating a move by the pension
  funds to force Bank of America to split the jobs
  of chairman and chief executive, held by Brian T.
  Moynihan. That vote shows that there is
  widespread disagreement on corporate governance.
  And many times it is just one sides opinion. The
  fight among Bank of America shareholders began
  after the bank decided nearly a year ago to
  discard a rule in its bylaws that required it to
  separate the chairman and chief executive
  positions. The rule was always a funny one,
  passed by 50.3 percent of the shareholders in
  2009, when the bank was deservedly in the penalty
  box over its financial

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