Discuss some of the major governance theories that you think both the CEO Board should be cognizant of and discuss how these theories apply to the aeronautical company.

Transparency and Accountability
Organizational Governance and decision making

The paper must do the following:

1. Identify and discuss the fundamental concepts of effective governance and accountability that are applicable to the
aeronautical company.

2. Discuss some of the major governance theories that you think both the CEO Board should be cognizant of and discuss how these theories apply to the aeronautical company.

3. Highlight the opportunities/benefits that the company might receive for improving corporate governance and accountability.

4. Identify the likely challenges/barriers to effective organizational governance.

5. Elaborate on any other issues that you think the new CEO and Board should know prior to deciding if the company should devote resources to improving governance and accountability.

6. Include at least 5 scholarly references in your bibliography

7. Your paper must have a thesis statement and conclusion that are both supported by research and analysis