Essay from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 75, University of Canberra (School of Management, Faculty of Business, Government & Law), course: Master of Business Administration, language: English, abstract: Increasing business complexities, tightening regulatory frameworks, maturing organisational structures, disseminating digitised information, growing rights, shrinking diversity, inevitable societal participation, decision-making independence, conflicts of interest, and the changing nature of business transactions have certainly amplified the worldwide focus on transparent and honest corporate governance to win shareholders' confidence. Contrarily, lack of dispersed ownership, uncertain institutional integrity, leadership self-interests, deficient accountability, incompetent executives, multiple directorships, selective rewards, misalignment of objectives, ineffective monitoring and the poor risk management are causing corporate frauds and governance failures. Indisputably, improving corporate governance systems, and complying with reputed financial-institutional principles and codes of conducts are the secrets to effective and ethical decision-making for sustainable growth and boost investors confidence.