Research Paper (undergraduate) from the year 2006 in the subject Business economics - Business Management, Corporate Governance, grade: A-, University of Applied Sciences Essen, course: Financial Management, language: English, abstract: The assignment "Corporate governance" starts with the introduction which includes the executive summary and the scope of work that is realized in here. The second chapter deals with a detailed definition of the problem that causes the relevance of this assignment, the determination of the objectives as well as the methodology that describes the assignments structured procedure. Chapter three is focused on the basics and relevant theory of corporate governance. At this juncture in particular the principal agent, the transaction cost and the property rights theory according to corporate governance are being analyzed. Chapter four is about modern methods and concepts for managing corporate governance issues. A practical case about the Dutch company Heineken that has realized a management concept for corporate governance successfully is examined in chapter four. Finally, the results of this assignment are summarized; especially whether the set objectives are reached as well as critical comments about the assignment are given in the last chapter. Furthermore, an outlook about possible future effects of applied corporate governance systems is provided. The purpose of this assignment is to provide further research insight on a topic, which still has not yet reached saturation in terms of analysis and understanding even though there is a voluminous literature on corporate governance issues.