Question Five: Conglomerate plc was a family company which was so successful that the founding Alexander family could not fully finance its expansion. So the company was floated on the Stock Exchange, with the Alexander family holding A class shares. A class shares held the right to appoint six of the eleven directors. The company could not be wound up unless a resolution was passed by 75% or more of A class shareholders. Required: 1).Is there any risk of a governance failure. Discuss. (10 marks) 2).what are the effects of good corporate governance on capital markets. (10 marks)