Corporate control refers to the mechanisms and processes through which a corporation is directed and managed. This includes the roles of the board of directors, executives, and shareholders in making decisions that affect the company's operations and strategy. Effective corporate control ensures that the interests of stakeholders are balanced and that the company adheres to legal and ethical standards. Key elements of corporate control include corporate governance, which outlines the framework for decision-making, and internal controls, which help prevent fraud and ensure compliance with regulations. These systems are essential for maintaining transparency, accountability, and overall organizational integrity.