Corporate Governance

Definition of Corporate Governance as it relates to Business, Accounting Principles, Investment Analysis

Corporate Governance refers to the system of rules, practices, and processes by which a corporation is directed and controlled. It involves the relationships among the company's management, board of directors, shareholders, and other stakeholders, as well as the goals for which the corporation is governed. Corporate governance provides the structure through which the objectives of the corporation are set and the means of attaining those objectives and monitoring performance are determined. It is concerned with ensuring that a company is managed in an ethical, transparent, and accountable manner, with a focus on long-term sustainability and value creation.

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