The article discusses how traditional theories of corporate governance focus too much on control and not enough on a company's capabilities and management authority. This lack of focus leads to debates about the purpose of a company and whether the current level of control is appropriate. The researchers propose a new framework called the CMA dimension, which considers a company's capabilities as a key part of corporate governance. They review existing literature on firm capabilities and find that most studies only focus on capabilities without connecting them to corporate governance. This new framework could help better understand how a company's capabilities impact its governance.