This report delves into the multifaceted realm of corporate governance, exploring its crucial components and implications. It begins by identifying key issues that necessitate robust corporate governance, such as conflicts of interest, oversight, accountability, transparency, and ethical considerations. The report then examines the Sarbanes-Oxley Act, highlighting its purpose, which is to ensure transparency and accurate financial disclosure within the corporate sector, and also discusses board roles and responsibilities. Case studies are analyzed to assess risks associated with non-compliance and propose effective strategies for monitoring and managing corporate risks. Furthermore, the report addresses the roles of auditors, accounts, shareholders, stakeholders, and the importance of ethical conduct and enforcement mechanisms. Finally, the report discusses corporate social responsibility (CSR) and its significance in balancing economic, environmental, and social imperatives, providing insights into how companies can implement effective CSR policies.