Major companies in some European countries adopt the two-tier board structure, i.e., supervisory and executive boards. A company incorporated in Delaware, USA, is considering the acquisition of a...

Major companies in some European countries adopt the two-tier board structure, i.e., supervisory and executive boards. A company incorporated in Delaware, USA, is considering the acquisition of a German subsidiary. Write brief report to the directors on the nature of two-tier boards and give your expert opinions on the pros and cons.