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foreign [Music] key points about copyright governance corporate governance refers to a system of rules practice and processes by which a company is redirected and controlled effective corporate governance is critical for ensuring that a company is managed in a way that protects the interests of these stakeholders including shareholders employees customer and broader Community the board of directors play a key role in corporate governance overseeing the management of the company and ensuring that it is aligned with the interest of the shareholders good corporate governance requires transparency and accountability in decision making and Reporting companies must be open and honest about their operations financial performance and risks companies must have an appropriate internal control in place to ensure that their operations are conducted in compliance with the laws regulations and ethical standards companies must also have an effective risk management practices in place to identify asse