Week Three Discussion Post. 300 word min.

BOOK LINK: Corporate Finance: A Focused Approach

Michael C. Ehrhardt; Eugene F. Brigham

https://bookshelf.vitalsource.com/reader/books/9798214584249/epubcfi/6/2[%3Bvnd.vst.idref%3Dcover-page]!/4/2[cover-page]/6[EYBS9QXYGD16YZT2E049]/2%4051:2

I will message the username and password for access to the book.

Discussion 4: Audit Corporate Governance

Instructions

Answer the following questions: 

1. What factors improve the effectiveness of a board of directors? 

2. Describe how a typical stock option plan works.  What are some of the problems with a typical stock option plan? 

3. Explain an optimal dividend policy for a mature company that has decided to pay a dividend.  Also, how does this affect a firm’s capital structure?

4. Discuss any  recommendations that do you have to improve this course.

Your initial post for each question should be roughly 300 to 500 words in length. Cite sources you reference as an in-text citation and under the post include a “References” section in APA format.