Performance related to ethical conduct

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Reference no: EM132164488

As you may know, the board of directors is ultimately responsible for the performance of the firm, its CEO, and all executives' compensation. With this in mind, assume JPMorgan replaced its entire board. You are now the chair, and Jamie Dimon is only the CEO. What would you recommend?

1. Would you fire Mr. Dimon outright? Defend your choice.

2. Your answer to #1 aside, what recommendations do you have for the CEO's compensation from here on? Explain.

3. Details of the case aside, describe how you could be sure pay-for-performance for the CEO also includes performance related to ethical conduct.

Reference no: EM132164488

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