Each country has its own corporate governance system. Some country’s
corporate governance system may be similar and many may be totally different.
These differences result from different culture, social and legal structures,management style and etc. In the past, corporate governance system of one country
had seem to be excellent while others had considered to be poor, but a decade after,
the system that had been seemed to be excellent, has driven the country economic
condition to the cliff and the “used to be a poor system “ has unveiling the country to
the heaven. As this paper pointed out earlier that the corporate governance is not the
only key to drive the company success or failure but it is an importance element for
each company to carefully adopt and learn about corporate governance in which it
will increase company performance.