Without strong corporate governance, what is likely to become of a company?

a. The company will fail due to the lack of risk taking.
b. The company will fail because of legal issues, lack of strategic focus, and risky behavior.
c. The company will thrive as long as the CEO has a strong vision for the company and is willing to focus only on profits.
d. The company will thrive due to less regulation.

b. The company will fail because of legal issues, lack of strategic focus, and risky behavior.