corporate governance

corporate governance definition - finance
The policies, procedures, and rules that determine how a corporation is managed, as defined by the companyÂ’s bylaws, corporate charter, policies, and applicable laws. Following the flurry of record-setting corporate bankruptcies in 2001 and 2002, corporate governance became a high-profile topic.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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