Respuesta :
Corporate governance refers to all the policies, procedures, relationships, and systems in place to oversee the successful and legal operation of an enterprise.
Corporate governance is the framework for managing and directing businesses. The governance of companies is the responsibility of the boards of directors.
The shareholders' responsibility in corporate governance is to select the directors and auditors, as well as to ensure that a suitable governance framework is in place.
More effective resource management, better access to capital, better and higher quality job prospects, and a better possibility of building consistently effective domestic or regional capital markets are all results of good corporate governance.
Accountability, justice, openness, assurance, leadership, and stakeholder management are the foundational principles of effective corporate governance.
Positive effects on the share price are one of corporate governance's advantages. It gives owners and managers the necessary incentives to pursue goals that are in the best interests of the organization's shareholders.
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