What is the governance structure?

Governance structure is also corporate governance structure, or corporate governance structure, corporate governance system and corporate governance mechanism. To put it simply, corporate governance structure is a system to deal with various contractual relationships of enterprises.

Corporate governance structure is a system for managing and controlling companies. It refers to the organizational structure composed of the owner, the board of directors and senior managers, that is, senior managers.

Significance of corporate governance structure

Good corporate governance structure is an important condition to determine the quality of enterprise management and development. Corporate governance structure is the core content of modern enterprise system, and its rationality is one of the important factors affecting enterprise performance. Good corporate governance can promote the rationalization of the ownership structure of enterprises, strengthen internal control of enterprises, reduce the agency cost of enterprises, enhance the core competitiveness of enterprises and improve their operating conditions.

Refer to the above content: Baidu Encyclopedia-Governance Structure