Corporate Governance Framework

A corporate governance framework is a comprehensive system of policies, processes, and structures that define how a company is directed and controlled. It outlines the roles and responsibilities of the board of directors, management, and shareholders, and establishes the mechanisms for decision-making, oversight, and accountability. The framework typically includes elements such as board composition and independence, executive compensation, risk management, internal controls, and disclosure and transparency. It also addresses issues such as stakeholder engagement, ethics and compliance, and sustainability. A well-designed corporate governance framework helps to align the interests of all stakeholders, promote long-term value creation, and ensure the company operates in a legal, ethical, and socially responsible manner.