Company JP Morgan (JPM) Corporate Governance & Ethics – general question You should be aware of the many benefits of outstanding corporate governance including stability of equity prices, avoidance of unexpected takeover offers, and sensitivity to shareholders concerns regarding compensation of senior executives and the strategic direction of the firm. These attributes come about through the efforts of multiple “players” or influences regarding the way the governance structure and performance are developed. Choose 3 of the following players or agents that have the most influence on your assigned company and discuss how they influence the creation and maintenance of the governance of the firm and how this affects the value of the firm. ??Things to consider discussing in your answer: Why did you select these three players and how do they exert their influence? Where do they have common and conflicting issues in their governance approaches? What ethical issues stand out the most strongly for your chosen agents? How does “agency theory” enter the relationship? How does the financial planner incorporate ethical considerations, relevant to your assigned firm, into developing a risk profile approach for clients with different values and objectives? What role does corporate social responsibility play? What role does cybersecurity play in governance for these agents? What role does the diversity of the board of directors play? What role do the compensation structure and other incentives play? Players: Financial planners/Investment advisors Board of directors and senior management Accounting and auditing firms Creditors and credit rating firms Activist shareholders Merger and acquisition firms SEC and other regulatory requirements Remember Remember that financial planners and investment advisors are advising clients who are considering purchasing shares of stock. They do not work for or advise the firm. Connect the data/information with economic and finance theory Provide actionable information for decision-making You are assessed based on your unique discussion not just a compilation of external sources and analysis Do not copy and paste out of the annual report, 10-K, or website. Do not just describe the players. Instead, interpret and assess their influence on governance. Your response needs to be higher-order critical thinking. Formatting Limit your answer to 2500 words. Cite your sources using APA style. The tables and charts do not count as part of the overall word count Use headings to clearly show you are answering each part of the overall question Single-space within paragraphs and double-space between paragraphs Section headings to get you started Section 1: Overview of company data, players, issues, and information that pertains to governance Section 2: Analysis and synthesis of data and information. Make sure to delineate the three players. Section 3: Conclusion with recommendations for managers including how and why to use this information/analysis for decisions