The case presents the resistance by a top institutional investor in Goldman Sachs to the re election of Jim Johnson to the board of directors of the organization. Sequoia Fund, the investor, resists the re-election citing Jim Johnson's previous track record as the CEO of Fannie Mae, which has been criticized for its role in the monetary crisis and for serving on the compensation committees of two businesses that experienced alternative backdating scandals.
Jim Johnson’s Re-election to the Goldman Sachs Board Case Study Solution
The case facilitates the students to converse problems encompassing director performance appraisal, director elections, investor engagement with companies, and manager reputation.
PUBLICATION DATE: October 25, 2012 PRODUCT #: 113050-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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