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Definitions from the Web

Term: Corporate Governance

Description:

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It encompasses the relationships between a company's management, board of directors, shareholders, and other stakeholders, intended to ensure the company operates in a transparent, fair, and accountable manner. Effective corporate governance is crucial for maintaining ethical business practices, maximizing shareholder value, and mitigating risks.

Sample Sentences:

• The board of directors plays a vital role in corporate governance, overseeing the company's strategic decisions and ensuring compliance with regulations.
• Transparency and accountability are key principles of good corporate governance.
• Investors consider a company's corporate governance practices before deciding to invest.
• The scandal exposed serious flaws in the company's corporate governance structure.

Possible Related Products:

Explore related books and resources on corporate governance:

• Corporate Governance Books
• Corporate Governance Best Practices
• Corporate Governance in the Modern Era