Many commentators stated that one of the causes of the last financial crisis(2007-2008) was lack of corporate governance. In the light of the above statement, discuss how corporate governance contributed to the financial crisis.(you may wish to refer to one of the companies involved int the financial crisis) (enron,AIG,world.com).

If the issue had been dealt with, what would have been the outcome?

Conclude on the basis of ethics/ law.