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In this video tutorial on corporate governance models, the presenter introduces corporate governance as a framework of internal controls, policies, and procedures guiding a company's operations and interactions with stakeholders, including customers, management, suppliers, employees, and government. Corporate governance encompasses the rules, regulations, norms, and procedures that dictate how a company should function and outlines the roles of various stakeholders in business dealings. This video is part of the business ethics and corporate governance series, and viewers are encouraged to watch related content for a comprehensive understanding.