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: The formal systems and structures used to manage operations.
: Ensuring the board and executives act in stakeholders' best interests. CORPORATE GOVERNANCE Corporate Governance
Corporate governance is the "operating system" of a company. It is the framework of rules, practices, and processes that dictate how a corporation is directed and controlled, balancing the often-competing interests of shareholders, management, customers, and the community. Core Frameworks: The "Ps" and Pillars : The formal systems and structures used to
: Ethical business practices and legal compliance. Climate Change and Corporate Governance - OECD balancing the often-competing interests of shareholders
Modern governance is often broken down into easy-to-remember frameworks that move beyond simple legal compliance to strategic value creation. :