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Corporate governance pertains to the system of rules, practices, and processes by which a corporation is directed and controlled. It involves the relationships among the management, board of directors, shareholders, and other stakeholders. Corporate governance aims to balance the interests of all stakeholders, aligning them with the long-term success of the company. This includes ensuring transparency in financial reporting, maintaining strong internal controls, promoting ethical behavior, and establishing clear lines of accountability. Effective corporate governance helps to build trust and confidence among investors, customers, and employees, thereby contributing to a company's overall success.