Asked by Julian Cintron on Jun 03, 2024

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Corporate governance is defined as the way that governments regulate corporations.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of stakeholders.

Governments

The system or group of people governing an organized community, often a state, including institutions and individuals with authority to make and enforce laws.

  • Recognize the role of corporate governance in ethical corporate management.
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AB
alexis bectonJun 06, 2024
Final Answer :
False
Explanation :
Corporate governance is not controlled by governments, but rather is the system of rules and practices that guide how a company is directed and controlled. It involves balancing the interests of a company's stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.