Week 1: The Role Of Corporations And Corporate Governance

please answer the following 2 questions.
1. Please share various reasons the corporation is a most important organization and impacts on U.S. economy.
2. In the past decade, there have been many news stories about the financial misconduct of some executives of several major corporations. What is the role of corporate financial officers in plotting the course of the corporation and ensuring that the corporation's legal and ethical conduct is proper? What tools can these corporate financial officers use to influence corporate legal and ethical conduct?