What is corpotate gorvonance?

Answer 1

Corporate governance refers to the systems, principles, and processes that govern the management and control of a corporation. It encompasses the relationships among a company's stakeholders, including shareholders, management, board of directors, and other parties. Effective corporate governance aims to enhance accountability, transparency, and ethical behavior, ensuring that the organization operates in the best interests of its stakeholders while complying with laws and regulations. Ultimately, strong corporate governance contributes to the long-term sustainability and success of a company.