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what is meant by corporate governance?

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3 Explain Corporate Governance and its practical relevance?

relevance to corporate strategy and corporate governance


What is the difference between corporate governance and corporate social responsibility?

Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.


What is the impact of corporate governance on company performance?

Good governance, good performance Poor governance, poor performance


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Corporate governance is the structure of rules, processes and practices used to manage a company. The types of risks in corporate governance are critical enterprise risks, board-approval risks, business management risks and emerging risks. Risk management is vital for effective corporate governance because it closes the loop between everyday operational performance and strategic initiatives. Corporate governance should ensure that it has a solid risk management system for the company to develop its strategic objectives within the limits of the risk appetite. IRM introduces the concept of corporate governance through its qualifications - offering individuals the opportunity to become a risk-intelligent leader in any organisation. The Institute of Risk Management is a professional body and world leader in enterprise risk management qualifications and examinations (Level 1 to Level 5). IRM's qualifications focus on giving you a 360-degree approach to risk that goes beyond finance and insurance. Headquartered in the UK, IRM has been driving excellence for over 30+ years with over 10,000+ members across 143 countries.

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