home/dictionary/governance structure

governance structure

nouncandidate·updated May 9, 2026

Specifies the distribution of rights and responsibilities among different participants in the corporation, such as the board, managers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs.

Framework senses

SEC IM Guidance Update: Cybersecurity Guidance, No. 2015-021 senseview framework →
§1
Specifies the distribution of rights and responsibilities among different participants in the corporation, such as the board, managers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs.