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Preferred term

corporate governance  

Definition

  • Corporate governance is the art of governing—in a principled fashion—so as to maximize the welfare of the company and of its relevant stakeholders. Corporate governance encompasses issues ranging from how companies should behave on the Internet and how management can best motivate employees and board members, to how institutional investors should discharge their responsibilities to the beneficiaries whom they represent. [Source: Dictionary of Strategy: Strategic Management A-Z; Corporate Governance]

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URI

https://concepts.sagepub.com/social-science/concept/corporate_governance

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