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Assignment:
Corporate Governance is a structure or body that enhances and maintains the relationships between internal stakeholders (board of directors, managers) and external stakeholders (shareholders) (The Importance of Corporate Governance, 2022)
The strategies laid out under corporate governance ensure that managers' goals and interests align with those of the shareholders. Below are a few mechanisms/strategies of good corporate governance that align interests of the parties mentioned above:
References
The Importance of Corporate Governance. (2020, June 4). SpriggHR.
Chen, J. (2023). Corporate Governance Definition: How It Works, Principles, and Examples. Investopedia.
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