Managerial Economics & Organizational Architecture 6th Edition by James Brickley , Clifford Smith ,Jerold Zimmerman

Exercise 27

(Extended activity) Go to the SEC EDGAR website ( http://www.sec.gov/cgibin/srch-edgar). Search for the recent SEC filings of a publicly traded company (such as Wal Mart Stores Inc.). Review the firm's most recent proxy statement (form DEF 14 A). Summarize and evaluate the firms' board of directors (composition, committee structure, etc.) and executive compensation policies.