Answer the following questions and make two peer responses per question:  W

 
Answer the following questions and make two peer responses per question: 
What factors improve the effectiveness of a board of directors? 
Describe how a typical stock option plan works.  What are some of the problems with a typical stock option plan? 
Explain an optimal dividend policy for a mature company that has decided to pay a dividend.  Also, how does this affect a firm’s capital structure?
Discuss any  recommendations that you have to improve this course.
Your initial post for each question should be roughly 300 to 500 words in length, and your responses to peers should be roughly 100 to 200 words each. Cite sources you reference as an in-text citation and under the post include a “References” section in APA format.