For this essay, you will conduct research in order to contrast agency theory and stewardship theory in corporate governance. In your essay, be sure to address the following comments:
What are the responsibilities of top management and leaders in relation to corporate governance and strategic planning? What are the benefits of strategic management?
What are the roles and responsibilities of the board of directors? Please provide an example of a board of directors that did, or did not meet its responsibilities to the company.
Explain the Sarbanes-Oxley Act and its impact on corporate governance. How has it changed the way leaders do business in the United States?
Conclude with a discussion of the ways the strategic audit helps corporate governance.