1. What external parties monitor managers? Assess how these parties performed their roles in the 1990s. Discuss the current pressures on these parties.
2. Compare and contrast the key features of the traditional corporate governance systems found in the United States, Japan, and Germany.
3. Briefly discuss the effects and motives for recent changes and trends in corporate gover- nance in Europe and Japan.
4. What role does the SEC play in corporate governance in the United States?