1. What are the fundamental aspects of the theory of the firm? 2. What reasons support the creation of governance systems within corporations? 3. Explain the importance of accountability in the...

1. What are the fundamental aspects of the theory of the firm?

2. What reasons support the creation of governance systems within corporations?

3. Explain the importance of accountability in the corporate governance structure.

4. Discuss how better transparency in financial reporting improves accountability within corporations.

5. What are the main reasons for the corporate malaise of recent years?