Corporate governance has been defined as the "relationship among various participants in determining the direction and performance of corporations.

Corporate governance has been defined as the “relationship among various participants in determining the direction and performance of corporations. The primary participants are (1) shareowners, (2) management (led by the chief executive officer), and (3) the board of directors.” (Robert Monks and Nell Minow, Corporate Governance 1 (1995)). Corporate Governance has been a much debated business issue for well over a decade. The California Public Employees’ Retirement System (CALPERS) has been at the forefront in discussing and researching corporate governance. Their document, “Global Principles of Accountable Corporate Governance” is one of the best written on the issue.1.- Read through CALPERS’ Global Principles of Accountable Corporate Governance which can be found at: http://www.calpers-governance.org/docs-sof/principles/2010-5-2-global-principles-of-accountable-corp-gov.pdf2.- Give your general opinion of the text and comment on AT LEAST two items that you found particularly interesting. Your comment should describe the item in question, explain why you found it interesting and give your opinion on the item.3 – Find a text or article on the topic of corporate governance. Provide a link to the article, a brief synopsis of the article’s main points and your opinion on the article or some specific topic(s) covered in the article.