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Corporate, or enterprise governance, establishes the rules and the manner in
which an enterprise conducts business, based upon its strategy, marketplace,
and principles of doing business. It defines for employees and for business
associates the processes that are used to conduct operations and the manner in
which people interact.
Beginning with the board of directors and extending throughout the organization,
there are many aspects and levels of corporate governance. All aspects of the
business are touched in some manner. Governance is applied to major
functional areas of an organization. Organizations govern their financial assets,
human resources, customer relations, intellectual property portfolio, and their