The discussion also examines the historical evolution of each principle and the existing international agendas that facilitate the application of the principle; thereby promoting a sustainable business ecosystem. The principle informs and monitors a whole host of managerial decisions, including where to conduct business, with whom to conduct business, which products and services to offer, the degree to which an organization puts its own capital at risk for proprietary activities and so forth. Strong corporate governance guards enterprises and financial institutions against poor management, misconduct by staff and general business and financial risks.