Worst board of directors founder steve jobs

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Reference no: EM1312008

Q. In 2002 business week listed apple Calculator as having one of the worst board of directors: founder Steve jobs owns just 2 shares in the company. The CEO of micro warehouse, which accounted for nearly 2.9% of apples net sales in 200, sits on the compensation committee...there is an interlocking directorship with gap CEO Mickey Drexler also jobs sitting on every other's boards. why might investors be concerned that a top manager like Steve jobs owns only 2 shares in the firm? Why might investors be concerned if a member of the board of directors also has a business relationship with the firm? Illustrate what is an "interlocking directorship"? Why is it a bad thing?

Reference no: EM1312008

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