Corporate governance refers to the procedures designed to ensure that the company is managed in the interest of the board of directors who oversee management.

Question

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Corporate governance refers to the procedures designed to ensure that the company is managed in the interest of all stakeholders, including shareholders, employees, customers, and the community, not just the board of directors. The board of directors is responsible for overseeing management and ensuring that the company is run in a responsible and ethical manner.

Corporate Governance Refers to the Procedures Designed to Ensure That