1. Introduction; 2. The origins of corporate governance; 3. The development of corporate governance in the twentieth century; 4. Crisis and reform in corporate governance in the twenty-first century; 5. The frontiers of corporate governance; 6. The relevance of culture; 7. Corporate governance in theory; 8. A subject in search of its paradigm; 9. Rethinking the joint-stock limited liability company; 10. Towards a philosophy of corporate governance; 11. Conclusions.