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In this video on ethics and corporate governance, the speaker introduces the theories of corporate governance, emphasizing its key features and significance. The discussion begins by defining corporate governance and exploring its impact on society. The speaker highlights the widespread influence of companies, noting that their operations can both positively and negatively affect our lives. Understanding the importance of proper corporate governance is crucial, as it shapes the quality of services provided by companies and their overall effects on individuals and communities. The video sets the stage for a deeper examination of the most popular theories explaining the development of corporate governance.