Corporate governance can be defined as the relationship between a corporation and its shareholders.

Question

Quizplus · Accepted Answer

Corporate governance involves the system of rules, practices, and processes by which a company is directed and controlled, including the relationship between the company's management, board of directors, shareholders, and other stakeholders. It specifically focuses on the accountability and responsibility of the board of directors to the shareholders.

Corporate Governance Can Be Defined as the Relationship Between a Corporation