First Half:
Define corporate governance the way you understood it.
Next step, outline how US corporate governance evolved from 1960s to present discussing OECD, Sarbanes-Oxley Act, Enron, WorldCom. Describe the trends globally.
Second Half:
Argue the strengths and weaknesses in US corp gov trends described above (1960-present) and backing these strengths and weaknesses from reading materials and/or other materials.