Corporate governance is the rules and practices for which a company should be controlled by. It is the equilibrium for a company’s board of directors and its shareholders. It sets rules and policies that dictates corporate behavior. Bad corporate governance happens when the board of directors of a corporation works in the interest of only themselves and not also with the shareholders’ interest. These actions can create uncertainty of a company’s dependability and security to its shareholders. In recent accounts, Wells Fargo & Co has had a consumer sales-practices scandal last year which impacted 2.1 million accounts since 2011. Now it has been said that, that number is now more than 3.5 million accounts that were potentially unauthorized