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[Music] welcome to this webinar which will tell you absolutely everything that you could ever possibly need to know about corporate governance so lets begin with the definition corporate governance is the system by which a company is directed and controlled it contains three critical words system directed and controlled as with all systems it is essential to keep focused on the objective of corporate governance and the objective is actually quite simple it is to make better decisions corporate governance is not simply a Regulatory Compliance issue but in effect corporate governance actually enables the business to be more successful through better decision making the key to the effectiveness of corporate governance in an organization is the flow of information for example its critical that the right information gets to the right people at the right time there are also of course dangers associated with information not enough or in inaccurate information leads to ill-informed decisions