Corporate governance refers to the system of rules, practices, and processes by which organizations are directed and controlled. It encompasses the relationships between various stakeholders, such as shareholders, management, board of directors, employees, customers, suppliers, and the wider community.
The primary aim of corporate governance is to ensure transparency, accountability, fairness, and responsibility in the decision-making processes within an organization. This involves establishing mechanisms for oversight, risk management, and ethical behavior to safeguard the interests of stakeholders and promote long-term sustainability.
Discover more with Indigita’s new Corporate Governance video in collaboration with Marijo Samneh.