<aside> 💡 Governance refers to your company's internal policies and practices, leadership structure, compliance, and overall decision-making processes. The purpose of your company, the role and makeup of boards of directors, and the compensation and oversight of top executives are key issues in your company's corporate governance. Good governance is essential for long-term success. When an organization has strong governance, it is more likely to make sound decisions, maintain the trust of its stakeholders, and create value. On the other hand, organizations with weak governance are more likely to face financial losses, reputational damage, and regulatory violations.
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