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Corporate governance has dominated the leadership policy agenda in developed market economies for more than a decade and the African continent is gradually adopting it in shaping the policy agenda of the leadership and governance of her organisations. A good corporate governance mechanism is assessable from; political stability, accountability, government effectiveness, rule of law, control of corruption and quality of regulation, which can only be achieved through sound and effective leadership. The level of preparedness of the listed companies' leadership to face up with the identified challenges and potential complexities to ensure that they are managed to the desired performance is a major concern. This affect shareholders, employees, customers, creditors, managers, suppliers, the wider community and the country's economy. The implication is that stakeholder suffer and the investors, prospective and actual shareholders, accordingly lose confidence in the market and withdraw and the country's economy do not grow. The work significantly benefit investors, Board of Directors, shareholders, government officers, scholars, researchers and students.