Corporate governance involves oversight in areas where owners, managers, and members of Boards of Directors may have conflicts of interest.

Question

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Corporate governance is designed to provide oversight and accountability in situations where conflicts of interest may arise between owners, managers, and Board members. This includes areas such as financial reporting and disclosure, risk management, and ethical behavior. Effective corporate governance helps to ensure that companies are operated in a responsible and transparent manner, which can benefit both shareholders and other stakeholders.

Corporate Governance Involves Oversight in Areas Where Owners, Managers, and Members