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This book is written as addition effort to providing solution to increasing rates of corporate firms closure and shut down in Nigeria,especially in the last one decade.It is also designed to enable Nigerians,and,indeed African corporate firms resource managers identify and conform with global best practices in contemporary governance mechanisms.The book emphasizes the need for regulatory bodies and authorities to encourage, or even compel, firms managers to maintain a reasonable Board of directors size, as overly large Board may hinder effective performance of corporate firms.Again,the belief that external Board members may provide significant moderating influence on internal Board members was found not to be true and accurate, based on the performance indicators of firms studied in Nigeria.This book undoubtedly represents a credible source of information on the subject matter to Corporate firms managers, researchers,policy makers,including government diktats in Nigeria,Africa,and other parts of the world.