👉 Corporate governance refers to the process of managing and overseeing a company's affairs. It is the practice of ensuring that a corporation operates in an ethical, transparent, and accountable manner, which includes its management practices, financial statements, corporate policies, and other aspects of its operations. Incorporation of corporacy into business practices has become increasingly important as corporations become more globalized and their operations expand beyond traditional borders. Corporations are required to adhere to various laws, regulations, and ethical standards in order