Evaluate the strengths and weaknesses of corporate governance at 3M Company
Evaluate the strengths and weaknesses of corporate governance at the company (3M Company) that you have chosen, (3 points total- see below)
1.Management
Evaluate the capabilities of the management team. Do not include a lengthy list everyone’ s names and titles. Instead, evaluate the strengths and weaknesses of management as a whole. Do you think they make a good team ? Unless there is good reason to focus on any particular executive (eg_ Warren Buffett, Elon Musk a CEO with no Industry experience, etc.), refrain from describing individuals at length. (l point)
2. Board of Directors (1 point total)
Evaluate the capabilities of the Board of Directors. Do not provide a lengthy List of their names and Instead, evaluate the strengths and weaknesses of the Board as a whole Do you think they make a good team ? Unless there is good reason to focus on any particular board member (eg. Mark Zuckerberg. an Incompetent Chairman, etc.) refrain from describing individuals at length (1/2 point)
Are there any inside managers? if so, who? (1/2 point)
3. Shareholders (1 point total)
i. Are there any significant minority/majority shareholders of your company? Consider both individual investors and large institutional investors where applicable, (1/2 point)
ii. Have there been any cases of recent shareholder activism? Explain the activism if you have found any and explain the sources that you used to check if you have not found any. Keep in mind that you can often find shareholder proposals on the proxy statement or annual report (1/2 points)
Company Name: 3M Company.
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