Problem: Assume you have been contracted as an independent corporate governance consultant to a company listed on the Australian Stock Exchange. As part of the consultative process to implement the Code of Ethics you have been employed to write a report on behalf of the Board for distribution to shareholders advocating the benefits of the adoption of a Code of Ethics. The Chairman has requested that your report should include examples and evidence from contemporary cases of corporate governance failure and malpractice that demonstrate the need Of a corporate Code of Ethics.