From the scenario, cite your forecasting conclusions that support TFC’s decision to expand to the West Coast market

From the scenario, cite your forecasting conclusions that support TFC’s decision to expand to the West Coast market. Speculate as to whether or not the agency conflict discussed in the scenario could become a roadblock to your conclusions. Provide a rationale for your response. •* From the mini case, recommend two (2) desired characteristics of a board of directors. Provide support for your response, citing the ways in which these characteristics usually lead to effective corporate governance.

I personally support TFC’s decision to expand to the West Coast market. The west coast market has most of the areas still unidentified by new ventures. Having been in such a virgin market can be considered as a call for TFC’s expansion. The agency conflict that is discussed in the scenario could actually become a roadmap to the pre decided conclusions. Agency conflict might be a bad impression to the mob or client.

Board of directors is meant to have perseverance, command, and smartness. He should be just average yet do not flaunt much. In effective corporate governance the board of directors can bear perseverance which the tool to wait and gauge the feasibility of ROI and business plans. Right command can make him acceptable amongst peers and colleagues. Smartness aid a director to choose people every year. Effective corporate governance is a dynamic situation that evolves with the hands of right board of directors and management.

 Pierce, C. Corporate Governance in the European Union – Global Governance

Services Ltd (2010)

 Reflection Group on the Future of EU Company Law 2011 European Commission

Internal Markets and Services (April 2011)