Corporate Governance

Corporate governance refers to the system by which companies are directed and controlled. It encompasses the mechanisms, processes, and relations through which organizations are operated and regulated, emphasizing the roles of stakeholders, including shareholders, management, boards of directors, and other parties. The primary objectives of corporate governance are to ensure accountability, fairness, and transparency in a company’s relationship with its stakeholders, as well as to promote effective decision-making and risk management. Good corporate governance practices help enhance a company’s performance and maintain investor trust, while also ensuring compliance with legal and regulatory requirements. These practices include establishing clear roles and responsibilities, ethical business practices, performance evaluation systems, and robust internal controls. Overall, corporate governance is crucial for sustaining a company’s integrity and long-term success.