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hello guys good day welcome to our first video lecture in acc325 governance business ethics risk management and internal control i hope that you are all doing good in this first video lecture we will be focusing our attention with the concept of corporate governance all right so based on our initial discussion of the subject this subject will be divided into four major topics namely that of the concept of governance business ethics risk management and internal control so to start our discussion with the subject we have here the first major topic of corporate governance so when we talk about corporate governance its actually from the combination of two words which are evidently corporation and governance so when we talk about corporation so again this is a type of business organization that is owned by the shareholders and managed by the management right on the other hand when we talk also about governance it is the leadership and direction given to a company so that it achieves the ob