Respuesta :
Control over a company's overall corporate orientation is exercised through corporate governance.
Depending on the writer's objectives, corporate governance is defined, described, or characterized in a variety of ways. Writers who are interested in a certain discipline or area frequently utilize limited definitions that seem purpose-specific.
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.
Corporate governance is crucial because it establishes a set of guidelines and procedures that govern how an organization functions and how it balances the interests of all of its stakeholders. Financial viability is a result of ethical business activities, which are a result of good corporate governance.
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