We have seen that great effort of improving corporate governance in large companies have

been concentrated more on encouraging greater shareholder activism, rather than

improving the effectiveness of the board of directors.

Required: discuss your viewpoints whether you agree/disagree with the above phrase.

Support your discussion with appropriate justifications.

Format

Paragraph 1 Introduction

Paragraph 2 , 3 and 4 answer the question and discussion

Paragraph 5 conclusion