1. Assess the post-merger board structure and discuss the pros and cons before reading the Financial Times article.
(10 marks)
2. Since the Mittal family retain 43.5% of the voting equity can an institutional investor make a significant
contribution to the governance of the company? (10 marks)
3. Please read the Financial Times article under ‘Assessment Tasks and Submission’. Discuss the positive and
negative impacts on the effectiveness of the (pre-merger) Mittal Steel board after reading the article and
compare its effectiveness with the post-merger board. (10 marks)
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