Corporate Governance is the set of processes, customs, policies, laws and institutions affecting the way a corporate (or company) is directed, administered or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. In contemporary business corporations, the main external stakeholder groups are shareholders, debtholders, trade creditors, suppliers. Customers and communities affected by the corporation’s activities. Internal stakeholders are the board of directors, executives and other employees.