Corporate governance refers to the systems, processes, and principles that guide how companies are directed and controlled. It ensures accountability, transparency, and fairness in a company's relationship with stakeholders, including shareholders, employees, and customers.
Effective corporate governance involves clear roles for the board of directors, management, and shareholders. It also ensures that companies follow ethical practices, comply with regulations, and make decisions that protect long-term shareholder value.
Strong corporate governance helps build trust, reduce risks, and improve company performance. As businesses face increasing scrutiny, robust governance frameworks are essential for maintaining credibility and achieving sustainable growth.
