1.Corporate governance is primarily focused on protecting the interests of shareholders. Discuss.

2.Corporate governance has been highlighted as an important factor in alleviating the risk of corporate failure. Evaluate which aspects of corporate governance are likely to guard against corporate failure.

3.Many small companies argue that corporate governance requirements are too costly and onerous and should be restricted to the large top companies.

(a) Do you think that corporate governance principles should apply to smaller companies?

(b) Provide examples of particular corporate governance practices or principles that you do not think should apply to smaller companies? Explain why you think these practices or principles are also important for smaller companies.

(c) What would be the advantages of smaller companies complying with corporate governance principles?

(d) What might be the consequences for smaller companies of not complying with corporate governance principles?