Business success is comprised of many factors such as cheap labour, raw
material, technology innovation and etc. When the firm is in financial trouble, many
people might look at the result of the cost of production or business atmosphere
without considering how the business decision is made. This paper is about the
Corporate Governance. Corporate Governance is about the relationship between the
company management team and their shareholder/stakeholders (Charkam,1994, pp.3).
It is about the system of check and balances of the power. A good corporategovernance system is exercised by the shareholders who give power to those best able
to use it, and to remove it if they use it poorly or evilly. There might be many factors
for the corporate success but we cannot deny that efficient corporate governance is
one of major factors to help the company to survive and prospers.