CONTROL (Governance) refers to the processes and structures that organizations use to ensure accountability, transparency, and effective decision-making. It involves establishing rules, policies, and procedures that guide the behavior of individuals and groups within an organization. This framework helps to align the interests of stakeholders, including employees, management, and investors, ensuring that resources are used efficiently and ethically. Effective governance also includes monitoring and evaluating performance to ensure compliance with laws and regulations. By implementing systems of checks and balances, organizations can mitigate risks and enhance their overall effectiveness. This is crucial for maintaining trust and credibility with stakeholders, including shareholders and regulatory bodies.