in your own words please

10-5 Discuss the types of compensation top-level managers receive and their effects on managerial decisions. 10-6 Describe how the external corporate governance mechanismthe market for corporate control- restrains top-level managers' decisions. 10-7 Discuss the nature and use of corporate governance in international settings, especially in Germany, Japan, and China. 10-8 Describe how corporate governance fosters ethical decisions by a firm's top-level managers