The relationship between the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy and rule of law is known as:

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The relationship between the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy and rule of law is known as corporate governance. Corporate governance encompasses the processes and principles by which a company is directed and controlled, including responsibility and accountability of the board of directors towards the shareholders. Codes of ethics and corporate responsibility are related but narrower concepts within the broader field of corporate governance. Corporate leadership is a term that could be used to describe various aspects of leadership within a company, but it is not specific to the relationships between shareholders, directors, and management.

The Relationship Between the Shareholders, Directors, and Management of a Company