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The action of an organization to emphasize the corporate governance is through setting the processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled. The effects of the changes in the corporate governance intended to improve the accountability and at least reduce the risk of corporate failure. In this twenty-first century, the way the company manages its money and practices in terms of Governance still remains a debated issue. The first chapter of this book started with the basic definition and understanding of the corporate governance. The second and third chapter reflects the corporate governance failure and success of two companies, Shell and Nokia respectively. In the last chapter of this book, authors tried to reflect current corporate governance practices of public listed companies in Bangladesh. This book will enable readers for better understanding of Corporate Governance theories as well as overview of the Success/Failure in the global arena and current trends in Bangladesh.