Definition
The system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of stakeholders including shareholders, management, customers, suppliers, financiers, government, and the community.
Example Usage
"Strong corporate governance practices can increase investor confidence and potentially lead to higher valuation multiples.”
Related Terms
Board of DirectorsShareholdersFiduciary Duty
Tags
Corporate Structure
Course Module
Module 1: Introduction to Financial Markets