Corporate governance involves how organizations are run and controlled, with principles including shareholder rights, equitable treatment of all shareholders, and consideration of stakeholders. Laws aim to enhance governance through accountability and transparency. Good governance results in greater security, emphasis on risk management, and scrutiny of major decisions. Stakeholders are any groups affected by an organization and may have conflicting objectives. Corporate social responsibility and ethics examine how companies balance profitability with obligations to stakeholders. Organizational culture represents shared values and ways of thinking that influence company strategy, perceptions, and ethical behavior.

1. Corporate Governance, Stakeholders, Ethics and Culture