The oversight of corporate management by a company's board of directors is called __________.

Question

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Corporate governance refers to the oversight and control mechanisms that guide companies in achieving their strategic objectives and managing risks. It encompasses the roles and responsibilities of the board of directors, executive management, and shareholders in creating and implementing a framework for sound corporate governance practices. Organizational control, strategic planning, and management interference are all related but distinct concepts that do not capture the full scope of corporate governance.

The Oversight of Corporate Management by a Company's Board of Directors