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Governance refers to a set of rules or principles defining rights, responsibilities and expectations between different stakeholders in the governance of corporations. A well-defined corporate governance system can be used to balance or align interests between stakeholders and can work as a tool to support a company’s long-term strategy. Governance can also refer to the standard of government of nations. There is some crossover between the two, particularly for multinational companies.

Term-Nr.: 422

German: Unternehmensführung (G) (812)

Source: Robeco m. e. E., 30.05.2019

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