Corporate governance is the legal framework that allows managers to control and direct lower-level workers on the job.

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Corporate governance is a system of rules, practices, and processes by which a company is directed and controlled. It involves the relationships among many stakeholders such as shareholders, management, and the board of directors. It is not primarily focused on allowing managers to control and direct lower-level workers on the job.

Corporate Governance Is the Legal Framework That Allows Managers to Control