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Governance of CorporationsEssay Preview: Governance of CorporationsReport this essayCorporate GovernanceDefine corporate governance.In its very simplest form, corporate governance is defined as the method by which corporations are managed and administered (Ghillyer, 2011, p. 88). Corporate governance, however, is much, much more than this simple explanation. It covers the interrelationships between inside management, shareholders and the.