What is Corporate Governance?

Corporate Governance is an important concept in business management that deals with how a company is governed and controlled. It includes rules, practices and processes that govern the company's decision-making and division of responsibilities. An effective corporate governance structure is essential to ensure that the company acts in accordance with laws and regulations and to protect the interests of all stakeholders. There are different models for corporate governance, depending on the country and the size and structure of the company. Examples of these include the board's role and responsibilities, compensation systems for senior executives, transparency and reporting of financial information, and the company's relations with shareholders and other stakeholders. A good corporate governance structure can help increase trust in the company and reduce the risk of irregularities and conflicts . By implementing best practices in corporate governance, companies can build strong relationships with their stakeholders and achieve long-term sustainability and profitability.Läs mer