What are the three key elements of corporate governance

What are the key elements of corporate governance?
Corporate governance refers to the framework of policies and guidelines that inform a company's conduct, decision-making and practice.
This infrastructure is built upon four key principles: accountability, transparency, fairness and responsibility..
What are the three components of governance?
The wheel of effective governance has 3 spokes: behavior, structure, and expectations.
If one of these spokes breaks down, the board will have a flat tire, and the faulty governance process can compromise the organization's ability to move forward..
The Pillars of Corporate Governance involve:
Transparency - is one of the primary pillars of governance. Accountability - means the willingness to take responsibility, whether the results are good or bad.Fairness and equality - equitable treatment of employees and shareholders should be upheld always.
In light of these dynamics, boards of directors must focus on the three “C's”: composition of the board; communication, both regarding items of importance to investors and to convey the board's competence with and command of issues that pose threats to long-term performance; and connection, or building relationships,

What are the key elements of corporate governance?