What does the term 'corporate governance' mean?

Corporate governance refers to the rules, processes, and procedures that a company must follow to ensure it is being managed in a responsible and ethical manner. In Delaware, this includes the regulations, rules, and laws that are in place for how the company is managed. The goal of corporate governance is to ensure that decisions made within the company are made in the best interests of the shareholders and to protect all stakeholders. This includes internal processes such as the election of directors and board members to make sure they are acting in the best interests of the company, as well as external regulations that protect shareholders from abuse of power from corporate officers. Corporate governance also includes policies on financial reporting, auditing, and financial controls to ensure accuracy and transparency of financial information. The goal of corporate governance is to ensure that shareholders and other stakeholders have confidence in the company they invest in.

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What does the term 'corporate governance' mean?

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