Give a definition of corporate governance.

Question:

Give a definition of corporate governance.

Top management

Top managements include the board of directors, presidents, vice presidents, etc. They are responsible for managing the complete business wholly to achieve organizational strategic goals. Also, they are responsible for formulating the policies of the entity.

Answer and Explanation: 1

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Corporate governance is the set of rules and principles established or formulated by the top management of the organization, in order to manage and...

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What is Corporate Governance? - Definition & Key Players

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Chapter 2 / Lesson 11
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Learn all about corporate governance. Understand what corporate governance is, learn the structure of corporate governance, and see examples of this concept.


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