Governance is a principle that, in addition to corporate, also covers the management of “E” and “S” categories, i.e. environmental protection and corporate social responsibility. It defines decision-making mechanisms in organizations, standards and rules of internal processes, as well as strategic supervision of potential risks in business, and includes criteria such as:
Corporate governance structure
Avoiding conflict of interest when making decisions
Transparency in reporting
Business operations in compliance with all legal regulations
Application of ethical standards in business