1 page – Times New Roman 12 pt –
A-place-in-the-family-corporate-governance-practices-in-family-firms-case (Attached)
Please read the case presented and answer the following questions:
· 1.Analyze the role of the board at Lim Palm Co. In what way does it deviate from best practices in corporate governance
· 2.What would be the benefits to the company if it moved towards higher levels of corporate governance, as Stanley suggested?