This chapter discusses corporate governance in international business. It addresses why corporate governance is important for corporations and examines the role of agency theory in minimizing company risk. It also differentiates between managerial governance and corporate governance in terms of their focus, and cites two distinctions between multinational corporations and domestic firms with respect to corporate governance and provides explanations.

1. Chap.1 Corporate Governance in
International Business
1. Why the said corporate governance to be
considered as the bible of the corporation?
2. How important the concept of Agency theory in
line with the minimization of the company
towards risk?
3. Differentiate the managerial governance to
corporate governance in terms of its
concentration?
4. Cite two distinctions between MNC’s and
Domestic Firms with Respect to Corporate
Governance. Explain.