At an international business meeting, differing views were expressed about corporate governance regulation. Seamus O'Brien said multinational rules were futile due to cultural differences, while Alliya Yongvanich argued for separating the CEO and chairman roles to increase accountability to shareholders. Another delegate, Vincent Viola, said countries should set their own governance rules according to their local interpretations and cultures. In the country of Geeland, a principles-based approach to governance was taken in response to past failures partly caused by dominant individuals. Guidance was issued that said governance should be applied flexibly according to company circumstances, and that separating the CEO and chairman roles was not a universal rule. One company, Anson, combined these