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so what are we gonna look at this evening were gonna look at how we can reform corporate governance how you can change the way that companies are governed companies are run to ensure they act in the long-term interests of society not just the short-term interests of shareholders and we can already see why this important topic just yesterday we saw the very sad collapse of the patisserie Valerie cake and coffee chain and just walking out of the tube today I saw one of the billboards advertising the Evening Standard how the collapse of Karelian claimed yet another victim so this is something that should be reformed Im gonna give my ideas on how to reform it but as I say at the start of every lecture my opinion is not necessarily the right one I encourage you to challenge me at the end therell be time for questions and answers I have one view on this topic but different people can have reasonable different views the main goal that I want to provide in this lecture is to give you evide