Review:
Corporate Governance
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
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.
Key Features
- Board of directors
- Shareholders' rights
- Ethical behavior
- Transparency
- Accountability
Pros
- Helps increase transparency in decision-making processes
- Protects shareholders' rights and interests
- Promotes ethical behavior within the organization
Cons
- Can be complex and difficult to implement effectively
- May require significant resources and oversight