An important theme of corporate governance is the nature and extent of accountability of people in the business. Much of the contemporary interest in corporate governance is concerned with mitigation of the conflicts of interests between stakeholders. Ways of mitigating or preventing these conflicts of interests include the processes, customs, policies, laws, and institutions which have impact on the way a company is controlled. The corporations have realized that management without good governance practices like a ship without a fail. Good Governance is integral to the very existence of a company. Countries have experienced healthy growth rate in corporate sectors which have implemented a sound system of corporate governance. Furthermore, firms in these countries have attracted a huge amount of capital from investors in the market. The book offers very interesting insights on corporate governance theories and practices and is very useful for corporate leaders and regulators. This book will be of interest to higher level undergraduate and MSc or MBA students taking courses in corporate governance or related subjects. So Finally, Ethics in business is extremely important.