This report provides a comprehensive analysis of the corporate governance of Facebook Inc. It begins with an overview of the development of corporate governance in the United States, where Facebook was founded, and then delves into the background of the social media industry and Facebook's place within it. The report examines Facebook's history, organizational structure, and the impact of its Initial Public Offering (IPO) on its governance practices. A detailed breakdown of Facebook's corporate governance structure is provided, including the election of the board, the composition of the board, and identification of shareholders and stakeholders. The report analyzes Facebook's corporate governance objectives, evaluates the company's success in achieving these objectives, and describes the implementation and monitoring of its corporate governance framework. Finally, the report explores specific corporate governance issues faced by Facebook, including the role of the board of directors in addressing these challenges, and concludes with a summary of the key findings and implications for the company.
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