Corporate governance is making sure day-to-day performance is achieved ethically and in socially responsible ways.

Question

Quizplus · Accepted Answer

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It includes the relationships among stakeholders and the goals for which the corporation is governed. Ensuring day-to-day performance is achieved ethically and in socially responsible ways is a component of corporate social responsibility, which is related to but separate from corporate governance.

Corporate Governance Is Making Sure Day-To-Day Performance Is Achieved Ethically