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this is a lecture from own tuition for the free lecture notes that go with his podcast uses in open tuition calm approaches to corporate governance lets start two distinct approaches I thought generally or briefly through this heading two distinct approaches rules based on principles base rules basis the one that the Americans have sarbanes-oxley and the principles base is one that the UK and most of Europe apparently adopts and thats the combined code or equivalent I read the other day that the Baltic States you know the Estonia Latvia Lithuania states that they are and they are all they have in the recent past adopted principles of corporate governance applicable to their governmental departments there was I know for a fact that there was a corporate governance code being drafted I think it was in Lithuania and it was meant to be adopted by the three presidents when they had a meeting I think at the end of July whether it was adopted or not I dont I dont remember reading and so t