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Corporate governance refers to the set of systems, principles and processes by which a company is governed.
They provide the guidelines as to how the company can be directed or controlled such that it can fulfil its goals and objectives in a manner that adds to the value of the company and is also beneficial for all stakeholders in the long term.
What is CG- The system by companies are run and controlled
Reason- Better internal control, stakeholder need, Ensure goal congroance, Ensure going concern, and few
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