Overview
Corporate governance frameworks are essential for ensuring that companies operate effectively and ethically. They provide a structure for decision-making, accountability, and stakeholder engagement. By establishing clear roles and responsibilities, these frameworks help maintain trust and integrity ...
Key Terms
Example: Good corporate governance ensures accountability.
Example: The board makes major decisions for the company.
Example: Employees, customers, and investors are all stakeholders.
Example: Companies must comply with financial reporting standards.
Example: Companies assess risks to avoid financial losses.
Example: Transparency builds trust with stakeholders.