One expert defined Corporate Governance as a process and structure employed to direct and manage a business, enhance shareholders value and ensure financial stability. It can also be described as the system of rules, practices, and processes by which a firm is directed and controlled. Explain in detail how poor Corporate Governance practices can affect a business (15 marks).

The following rules shall also apply:

1) 1.5 paragraph spacing

2) Times New Roman font

3) Headings on introduction and conclusion

4) At least 5 credible references

5) Cite credible examples in your work

6) At least 1,000 words