Corporate Governance
The system of rules, practices, and processes by which a company is directed and controlled, encompassing the relationships between the board of directors, management, shareholders, and other stakeholders. Good corporate governance establishes accountability, transparency, and fairness in how a company operates and makes decisions. It includes board structure, executive oversight, risk management, regulatory compliance, and shareholder rights, all working together to ensure the company is managed in the best interests of its stakeholders.
Related Terms
A group of individuals elected by shareholders to govern a corporation, set strategic direction, and oversee management ...
The highest standard of legal obligation that directors and officers owe to the company and its shareholders, requiring ...
The internal rules and procedures adopted by a corporation to govern its operations, board structure, meeting requiremen...
Environmental, Social, and Governance (ESG) is a framework used to evaluate a company's performance and risk exposure ac...
More Governance Basics Terms
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