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Application of Corporate Governance practices by various forms of Corporations and companies is gaining a great momentum. Governance is simply to conduct the business within parameters of ethical standards and for the good of the society. Governments around the world are issuing Corporate Governance to all various types of companies. This book picks up the motto "first things first" which basically means the more the Governments around the world adhere to effective Governance guidelines and apply them in the enterprises they own, the better example is set for other forms of companies to follow. The principles of good governance such as transparency, justice, accountability, sustainability and protection of society's interest are all tools that enhance and encourage good governance.