In this engaging discussion, Bryce Tingle, a Business Law Professor at the University of Calgary, delves into the critical need for effective corporate governance. He sheds light on the lessons learned from failures in governance over the last thirty years, especially how they have discouraged public market participation. Tingle also critiques the paradox of rising executive compensation, emphasizing its unintended consequences on governance reforms. Lastly, he discusses the complex dynamics of leadership in major corporations like Fox and News Corp, highlighting the necessity of character and diverse partnerships.