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““governance is the arrangements and practices that an organization puts in place to ensure its activities are adequately and appropriately managed. ‘Adequately and appropriately’ reflect the nature and context of the organization and stakeholder interests in its operations. Governance is not the direct operation and control of the organization’s business activities but the infrastructure needed to ensure their management to the satisfaction of direct and indirect stakeholders. As such, governance is viewed as meta-management. That is, as managing the management of the organization.””

Anonymous

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