Corporate governance is a process by which the owners and creditors of an organization

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Corporate governance involves both exerting control and requiring accountability from the owners and creditors of an organization. The process is designed to ensure that the organization operates in a responsible and ethical manner, maintains transparency in its operations, and protects the interests of its stakeholders. This requires active involvement from the owners and creditors, who must be vigilant in monitoring the performance of the organization and ensuring that it follows all relevant laws and regulations.

Corporate Governance Is a Process by Which the Owners and Creditors