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you so basically corporate governance is about all kinds of mechanisms that will try to that analyzes the relationship between different stakeholders in the company and how stakeholders at least CEOs and debt holders work on behalf of the company so this is the Wikipedia decision definition and basically we will try to use corporate governance systems to decrease any kind of conflicts of interest between stakeholders and from there we will hope that having a better corporate governance system will translate into having a better company which means increased from performance so when I say stakeholders this is a slide you probably remember from my other class there there are different stakeholders in the company so those agents are the agents that have some kind of stake in the company so we have the shareholders stockholders the couch holders these are the owners of the company they have the voting right and then we have managers CEOs and board of directors these are the company these