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

Question

Quizplus · Accepted Answer

Corporate governance refers to the framework or set of rules, practices, processes, and principles through which a company is administered and controlled, ensuring accountability, transparency, fairness, and responsible behavior in its operations and decision-making. It includes the relationships and responsibilities among the board of directors, management, shareholders, stakeholders, and other stakeholders.

Corporate Governance Is the System by Which Businesses Are Directed