Corporate Governance

Corporate governance refers to the system by which companies are directed and controlled. It encompasses the practices, policies, and regulations that determine how an organization is managed, including the relationships among stakeholders such as the board of directors, management, shareholders, and other parties interested in the company’s performance. The primary objectives of corporate governance are to enhance accountability, promote transparency, ensure ethical behavior, and protect the rights of stakeholders. Effective corporate governance helps to foster a sustainable business model, maintain investor confidence, and mitigate risks, while also complying with legal and regulatory requirements. It is essential for ensuring that a company operates in a responsible manner and achieves its goals while balancing the interests of various stakeholders.