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[Music] corporate governance very simply defined is the manner in which companies are directed and controlled thats very very simple old definition but there are several definitions all over and so its really about how companies are governed its about ethical and responsible leadership about sustainability of organizations some people may say but the very very simple and basic definition is is about how companies are governed and how undirected corporate governance is about companies and then this foundation is based on what we call the four ps of corporate governance the first p is people so corporate governance is actually looking at people because companies are formed by people the directors are people the customers are people the suppliers are people so any company is formed by people for people you know to serve people so corporate governance we deal with direct and controlling companies is for the sake of people the second p which is the foundation of corporate governance is p