Modern governance is empowering leaders with the technologies, insights, and processes necessary to achieve good governance, which helps businesses thrive and endure. The importance of good governance becomes especially clear when it is not in order.

Corporate governance is the system of rules and processes that ensures that you and your colleagues can run your organisation properly, efficiently, and responsibly. A good corporate governance policy ensures a correct alignment of the interests of all internal and external stakeholders.

Governance is also the way of managing. It is a fairly general term, defined in various ways. Maybe definition is even a big word. Governance is rather a container concept that is defined and defined in a different way by every company and organization.

Good governance of a publicly-traded company protects the interests of shareholders, employees and other stakeholders. Rules of conduct for this can be found in the Corporate Governance Code.