Question

What is corporate governance and what are the 4 p's of cg?

Answer 1

Answer:

The 4 Ps. An OECD Definition. Corporate governance involves a set of relationships. between a companys management, its board, its shareholders and other stakeholders ..also the structure through which objectives of the company are set, and the means of attaining those objectives and monitoring performance are ...

Answer 2

The answer is stated below:

Explanation:

• Corporate governance is the termed which is defined as the combination of the laws, rules and processes through which the businesses are operated or handled, controlled or regulated.
• The corporate governance does not go with the profit figured or with good cash flows, and it goes through the goals of the long term that is contributed through people.
• The 4p's of Corporate governance are People, Performance, Purpose and Processes. These are vital for channelising the resources of any company or industry.