Corporate governance is a system of rules, processes, and practices that create the framework for fulfilling a company’s mission, goals, and objectives. -BY Andrew Hale

As a framework, it supports the desired organizational culture, determines internal controls and performance measurements, and drives action plans. It is also a significant factor in how suppliers are selected, engaged, and utilized to achieve corporate goals. Effective governance begins with the board and executive level, but it also ensures that leaders throughout the organization at all levels adhere to policies put in place. As it impacts the supply chain, the governance policies drive the key s....