Corporate governance is substantively described as they system by which an enterprise is directed and controlled. It also accentuates the process by which firms are made to respond to the right and wishes of the stakeholders. The concept of process is ideal because it emphasizes the continuous change of nature the board of an enterprise has to meet (Tricker, 2015). Both definitions heighten that entities and the boards must work within some boundaries. The setting up of the boundaries is done by many sources such as the law and regulations, the providers of funds, the owners of stock in a general meeting, the firm constitution and the opinions of the public. The views of the public primarily encompass advocacy on the social issues such as the environment and human rights. The key point is that the nature of the boundaries within which the entity operates is continuously changing