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What is corporate governance?

帮考网校 2020-10-10 18:37:49
Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. Effective corporate governance is essential for a company's long-term success and includes issues such as transparency, accountability, ethical behavior, and risk management.
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