Corporate governance is the framework of rules, practices, and processes by which a company is directed and controlled. It involves defining the roles and responsibilities of the board of directors, management, shareholders, and other stakeholders in decision-making and accountability Effective corporate governance ensures transparency, accountability, and integrity in the management and operations of the organization, thereby protecting the interests of shareholders and stakeholders Key principles of corporate governance include ethical conduct, risk management, compliance with laws and regulations, and disclosure of relevant information to shareholders and the public. By adhering to best practices in corporate governance, organizations can build trust and confidence among investors, attract capital, and sustain long- term growth and value creation. Question: How can organizations strengthen their corporate governance practices to promote ethical behavior, accountability, and long-term sustainability?
Corporate governance is the framework of rules, practices, and processes by which a company is directed and controlled. It involves defining the roles and responsibilities of the board of directors, management, shareholders, and other stakeholders in decision-making and accountability Effective corporate governance ensures transparency, accountability, and integrity in the management and operations of the organization, thereby protecting the interests of shareholders and stakeholders Key principles of corporate governance include ethical conduct, risk management, compliance with laws and regulations, and disclosure of relevant information to shareholders and the public. By adhering to best practices in corporate governance, organizations can build trust and confidence among investors, attract capital, and sustain long- term growth and value creation.
Question: How can organizations strengthen their corporate governance practices to promote ethical behavior, accountability, and long-term sustainability?
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