1) What should be consider the principles of good corporate governance practices? Please develop a set of principles for BOD to exercise good governance practices. List at least 10, without repeating the example below.

Example: The board approves corporate strategies that are intended to build sustainable long-term value.

2) What are some governance problems corporations are facing today? Please list at least 10 common corporate governance problems, besides the example below.

Example: Lack of board independence.