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[Music] hi there welcome to mcsi my name is Sonia in this video we will talk about corporate governments and its core principles corporate governance is the structure of rules policies and processes that are used to direct and control the organization it is the driving force for any business it is important that every organization incorporates good corporate governance principles there are four core principles of corporate governance these principles are transparency accountability responsibility and fairness transparency refers to a companys willingness to provide clear information to its stakeholders and shareholders this information includes details about organizations operations its goals for the future and its risks transparency guarantees that stakeholders have confidence in a companys decision-making and management procedures [Music] accountability is the obligation and responsibility to justify companies actions it is vital to provide a sound explanation for companies decisi
