Need for Corporate Governance in Steemit

"Governance is concerned with the intrinsic nature,purpose,integrity,and identity of an organisation with primary focus on the entity's relevance ,continuity and fiduciary aspects.

     While as per JAMESD. WOLFENSOHN
    (Ninth President world Bank)

"Corporate Governance is about promoting corporate fairness ,Transparency and accountability."

Why steemit needs Corporate Governance?
Answer-

1.To Reduce risk of corporate crisis and Scandals
2: To ensure Accountability
3:Better performance
4:for Effective Corporate performance

As the steemit comunity grows there might be many errors and fraud arising so to tackle such situations i think corporate governance needs to be pushed up.
Lets be prepared for everthing.