Maybe Pty Ltd, was a large private company in the trucking/logistics area, with five (5) executive directors. They had all been truck drivers and pooled their resources and made an offer to buy the company when the original owners, May and Bert, retired. The directors' families were the shareholders in the company. None of the directors had any management skills or specific roles. They each did what was required. Two (2) of the directors, Albie and Brad, assumed control over the day-to-day operations and management of the company. The other directors were happy not to be involved. The Annual General meeting was scheduled for October. The accountant had advised Albie and Brad that they were likely to make a good profit and the shareholders should all receive a dividend. They instructed the accountant to record a bonus payment to each of them to reduce the profit and the amount available for distributions as dividends. The company operated 20 semi-trailers and all drivers were sub-contractors. The war in the Ukraine had forced the price of fuel up by over 40% and all the company's distribution contracts were fixed for another 6 months. They had not anticipated the effect of this on both their profitability and cash flow. Required: Identify each corporate governance principle (ASX Corporate Governance Principles) and its relationship with the above scenario.