Question: 4. Define the term corporate governance. Why do you think that major failures in corporate governance did have (and could continue to have) a longer-term

4. Define the term corporate governance. Why do you think that major failures in corporate governance did have (and could continue to have) a longer-term negative effect on the economic and social well-being of the United States? Identify and briefly describe the reasons for the "failures" in corporate governance that have occurred over the last several years. What changes have been enacted, and what changes are possible in the future, to improve corporate governance

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