Assignment Question 3:

Key elements of good corporate governance principles include honesty, trust and integrity, openness, performance orientation, responsibility and accountability, mutual respect, and commitment to the organization. Good Corporate Governance is key to Growing Profits and Reputation. Evaluate this assertion in the light of several key financial scandals globally. In your response, critically reference the dynamic at play in terms of the principle-agent relations, business ethics and the larger consequences of corporate failure for society.