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[Music] welcome to another video on corporate governance in the previous video we discussed the meaning of corporate governance and the main actors in the governance of a corporation in this video we will discuss the basics of corporate structure and briefly the roles and responsibilities of boards of directors as discussed in the previous video companies are made up of investments from shareholders in the form of share capital which gives them a stake in the business these shareholders could also include a legal entity these are referred to as owners of a corporation these investments are put in the care of managers or agents who help generate returns in form of dividends to shareholders due to the issue of the separation of ownership and control the shareholders appoint a group of people to monitor managers so that they always act in their best interest these are the board of directors these are the main actors in a corporate structure these are the shareholders management team and t