THE ROLE AND EFFECTIVENESS OF THE CORPORATE GOVERNANCE SYSTEM IN SHAPING A COMPANY'S FINANCIAL STRATEGY
Keywords:
Corporate governance, financial strategy, Chief Financial Officer (CFO), risk management, resources, effectiveness, strategic decisions, investments, stability, competitiveness.Abstract
This article examines the role and effectiveness of the corporate governance system in shaping a company's financial strategy. The study analyzes corporate governance mechanisms, the involvement of the Chief Financial Officer (CFO) in strategic and operational decision-making, financial risk management, and resource utilization. The research demonstrates that an effective corporate governance system contributes to enhanced financial stability, the rational allocation of resources, and increased market competitiveness.
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