The frequency of corporate failures shows that poor governance affects the overall health of a corporation. Elaborate on how sound corporate governance could contribute to the fundamental health of a corporation. *Why is sound Corporate Governance important? To discourage managements opportunistic behaviour. Encourage ethical style of management Benefits of sound corporate governance a. Improves the performance of the company b. Improves effectiveness of decision making c. An important factor in investors decision d. Improves confidence on the markets e. Improves product / service quality f. Enhance public trust*