Corporate governance is about promoting corporate fairness, transparency and accountability. Corporate governance is the system y which business corporations are directed and controlled. The corporate governance structure specifies the distribution of rights and responsibilities among different participants in the corporation, such as, the board, mangers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs. By doing his it, also provides the structure through which the company objectives are set, and the means of attaining those objectives and monitoring performance. Good governance and effective of the governing body are critical to an organization’s success.