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Corporate governance

From Simple English Wikipedia, the free encyclopedia

Corporate governance describes how a corporation is directed. Corporate governance is related to but different from management. People responsible for corporate governance are known as board of directors.[1]

Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are changed.[2]

References

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  1. Shailer, Greg. Corporate Governance, in D. C. Poff, A. C. Michalos (eds.), Encyclopedia of Business and Professional Ethics, Springer International Publishing AG, 2018. https://doi.org/10.1007/978-3-319-23514-1_155-1
  2. OECD (2015), G20/OECD Principles of Corporate Governance, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264236882-en