What is corporate governance? What are the basic principles of corporate governance?

Corporate governance is to maximize shareholders' value on the basis of legality, rationality and sustainability, and at the same time to ensure fair treatment of every stakeholder, such as customers, employees, investors, supply partners, land management departments and communities. Therefore, corporate governance reflects corporate culture, policies, how to deal with the relationship between stakeholders and their values. ?

Basic corporate governance principles include:

(1) Consolidate the foundation of management supervision; ?

(2) designing the board structure to increase the value; ?

(3) Promoting ethical and responsible decision-making; ?

(4) Maintain the integrity of financial reports; ?

(5) Timely and fair disclosure of information; ?

(6) Respect the rights of shareholders; ?

(7) Identifying and managing risks; ?

(8) Encourage the establishment of internal audit department; ?

(9) Encourage the improvement of performance; ?

(10) Fair salary and responsibility; ?

(1 1) Confirm the legitimate rights and interests of stakeholders; ?

(12) perform legal obligations.