Corporate governance is the system by which business corporations are directed and controlled.

Question

Quizplus · Accepted Answer

Corporate governance refers to the processes and policies by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. Corporate governance provides a framework for attaining a company's objectives, encompassing practically every sphere of management, from action plans and internal controls to performance measurement and corporate disclosure.

Corporate Governance Is the System by Which Business Corporations Are