1. Attempt to evaluate the following (50 marks) a. Why is the concept of corporate governance being discussed all over the globe at the beginning of the 21st century? (10 marks) b. Evaluate the relationship of the audit committees with an organization's board of directors, compensation committee, disclosure committee, and nominating and governance committee? (20 marks) Should auditors be appointed by management or the audit committee? Why? (12 marks) d. Evaluate the difference between shareholders and stakeholders and discuss why differences play a central role in the corporate governance discussion