Discussion Post. Plagarism checker will be used
Discussion 1: Financial Planning and Agency Conflicts
A. From the scenario, cite your forecasting conclusions (financial data from TFC’s financial statements and forecasted statements) that support TFC’s plan to expand to the West Coast market. Note: the response has to include specific operational, financial, and forecasted data that support the conclusions.
Speculate as to whether or not the agency conflicts discussed in the scenario could become a roadblock to your conclusions. What are the reasons for your response?
B. What are two (two) desired characteristics of a board of directors? Provide support for your response by explaining how these characteristics usually lead to effective corporate governance.
Also, review the company’s Form 10K report and do a “Google search†of “Corporate Governance and the Name of the Company,†that you are using for the Financial Research project for this class. Discuss and assess the appropriateness and effectiveness (i.e., evaluate the strengths and weaknesses) of the corporate governance policies and practices of the company?