Marriott Corporation with the chairman and chief executive officer must decide whether to recommend the restructuring of the company's board of directors. This proposal considers it would split the Marriott Corp, a leading developer of the hotel, the owner and manager of two separate companies, stock dividends to shareholders. One of the new companies will contain the majority of Marriott Corporation with profitable operations management, while the other will retain ownership of the properties of the hotel, as well as most of its long-term debt. "Hide
by Lynn Sharp Paine, Charles A. Nichols Source: HBS Premier Case Collection 19 pages. Publication Date: December 14, 1993. Prod. #: 394085-PDF-ENG