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Question 2 Part one question: What is the definition of Corporate Governance according to you? Discuss the differences in the definitions posited by Zingales, Shleifer

Question 2

Part one question: What is the definition of Corporate Governance according to you?

Discuss the differences in the definitions posited by "Zingales", "Shleifer and Vishny", "Gillan & Starks". (Recent Developments in Corporate Governance, Stuart L Gillan, 2006)

Part two question: What is the fiduciary duty that a Board of Directors owes to it's shareholders? (describe it)

What are the four elements (duties) of this fiduciary duty - briefly describe or explain.

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