Corporate governance is a system of rules, practices and procedures that determine how an organisation or business operates. This enables an organisation to make sure it is always meeting its objectives, while aligning with wider social and environmental issues, balancing the interests of all its stakeholders (shareholders, employees, suppliers, customers and the community), and maximising trust.
Good governance maximises accountability and creates a basis for better decision-making for an organisation as a whole.
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What is the role of the Australian Institute of Company Directors?
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