Corporate Governance

The system of rules, practices, processes, and relationships by which a company is directed and controlled. It involves balancing the interests of stakeholders such as shareholders, management, customers, suppliers, financiers, government, and the community. In RBPM, corporate governance establishes the framework for decision-making, risk oversight, and accountability. It ensures that strategic objectives are pursued within appropriate risk appetite boundaries and that risks are effectively identified, assessed, managed, and monitored.