Conduct secondary research and write an essay to discuss the following topic: Corporate Governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as board of directors, managers and etc) and specifies the rules and procedures for making decisions in corporate affairs. Furthermore it is a mechanism for monitoring the actions, policies and decisions of corporation. Critically analyse the HIH case in Australia, where insurance company HIH failed to uphold corporate governance principles, and compare and contrast this with one example of your own choosing. In your answer you should consider how effective corporate governance principles are in achieving there objectives. A minimum requirement of this assessment is the use of at least 8 academic sources to support your submission. Used a minimum of 8 academic sources