robust governance frameworks

Language: en

📖 Definitions

  1. Comprehensive and resilient systems of rules, policies, and structures established by an organization or government to ensure effective management, accountability, transparency, and risk mitigation.; Strong administrative mechanisms designed to enforce compliance, maintain ethical standards, and facilitate stable decision-making processes within a corporate or political entity.

💬 Examples

  1. Analysts suggest that Turkey's actions may serve as a cautionary tale, illustrating the urgent need for robust governance frameworks and transparent financial practices to mitigate future shocks in developing nations.

  2. The company implemented robust governance frameworks to prevent fraud and ensure regulatory compliance across all international subsidiaries.