“Top executives take care of themselves and they take care of each other when they serve on one another’s boards.Too often managers will act to protect their perquisites,even at the expense of their shareholders.”——Robert A.Prentice~①Introduction As the form of corporations in the past century gained its popularity in civil societies,corporations and the corporate law which embodies a set of stipulations prescdbing the former’s formation,organization,and internal and external relationships among its participants are now no stranger to contemporaneous global communities.In “Top executives take care of themselves and they take care of each other when they serve on one another’s boards.Too often managers will act to protect their perquisites, even at the expense of their shareholders. ” - Robert A.Prentice ~ ① Introduction As the form of corporations in the past century gain its popularity in civil societies, corporations and the corporate law which embodies a set of stipulations prescdbing the former’s formation, organization, and internal and external relationships among its participants are now no stranger to contemporaneous global communities.In