what is the meaning of good governance?

1 Answer

  • Mitch
    Lv 5
    1 decade ago
    Favorite Answer

    the term governance in business refers to oversight by the Board of Directors and executive management team

    examples: is the company being complaint with standard accounting practices, doing routine audits, maintaining proper records, OSHA, SOX, PCI and HIPPA compliance (if these standards apply)

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