Fraudulent actionsWhat is Corporate Governance?Corporate Governance refers to the set of systems, principles and processes through which a company is governed. They provide the guidelines on how the company can be directed or controlled such that it can achieve its goals and objectives in a way that adds value to the company and is also beneficial to all stakeholders in the long run. This definition seemed more appealing as it provided a broader understanding than the other definitions offered. It explains in simple and clear terms what exactly corporate governance is and who it involves. Other definitions were vague and did not mention some of the participants involved. Corporate governance is a process and a system, and like any system, it is made up of many parts. Both internal and external actors can play a role in governance. Some examples of internal actors are directors, the company secretary, sub-managers, also known as "middle" managers, and employee representatives, otherwise known as trade unions. The chosen topic is fraudulent actions. A fraudulent action may be characterized by, involving, or resulting from fraud, such as actions, undertakings, methods, or earnings, for example, a fraudulent scheme to evade taxes. A fraudulent practice is any act or omission, including misrepresentation, that knowingly or recklessly misleads or attempts to mislead a party to obtain a financial advantage or to avoid an obligation. Sometimes the law makes people such as officers, directors, and those who help facilitate the fraud liable, even if they had no knowledge of the fraud. The Companies Act, also known as the Principal Act, 1963, introduced the idea of ​​fraudulent trading in section 297 which takes care of the rest...... middle of the paper...... and quote from Wearing (2005 ), è It is true that there will never be a perfect system of corporate governance. There needs to be a balance between regulations: if there is too little, it leads to abuse of corporate governance, while if there is too much it will inhibit wealth creation. It was put in place to manage the balance of power within a company, nothing is 100% and failure of a system is expected, but if most of the time corporate governance is successful, perhaps they should There are a few more warning signs as if they are addressed early, action can be taken quickly and a solution can be arrived at. In all the essay findings, corporate governance and fraudulent actions are relevant to each other, and corporate governance can be used to manage any fraudulent actions, so that they work well together, which is important for any company..