What do you mean by 39 Corporate Governance 39 exactly ........

Governance Issues Corporate Governance

What do you mean by 'Corporate Governance' exactly?

It is the concept of how the government should govern over the Companies.

It is the management and accountability of the Company's management and owners towards its employees, shareholders and general public at large

It is the accountability of the Company's management and owners towards its lending bank.

It means how employees of a company participate in its governance.

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Explanation:

Second option is correct.
Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community.