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In this video, the focus is on corporate governance models as part of the business ethics and corporate governance curriculum. Corporate governance is defined as a set of internal controls, policies, and procedures that establish the framework for a company's operations and its interactions with various stakeholders, including customers, management, suppliers, employees, and government. It encompasses the rules, regulations, norms, and procedures guiding how a company should operate and the roles of different stakeholders in its business dealings. These elements are crucial for maintaining an effective governance structure.
