Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. Good corporate governance aims to achieve the company's objectives, safeguard the interests of stakeholders, and ensure accountability and transparency in decision-making. It is essential for creating trust and confidence in the company and promoting long-term sustainable growth.
