corporate governance

Corporate governance refers to the framework that governs the management of a company and the important decisions regarding it, ensuring transparency, accountability, and fairness in the company’s operations. These processes include distributing tasks and responsibilities between management and the board of directors, developing policies and procedures to control potential risks and achieve specified goals, and ensuring the provision of accurate and precise financial reports to shareholders and government entities.

Corporate governance is essential to ensure the long-term success and sustainability of the company, and helps to attract investments and improve the company’s reputation in the market. It is also important in reducing corruption and enhancing trust between investors, companies, and government entities.