Question 1. What person or group constitutes top management?
Question 2. What are top management's chief characteristics in terms of knowledge, skills, background, and style? If the corporation has international operations, does top management have international experience? Are executives from acquired companies considered part of the top management team?
Question 3. Has top management been responsible for the corporation's performance over the past few years? How many managers have been in their current position for less than three years? Were they promoted internally or externally hired?
Question 4. What role do stock options play in executive compensation?
Question 5. Is top management sufficiently skilled to cope with likely future challenges?