Governance reforms involve updating and improving the policies, procedures, and practices that guide an organization’s leadership and decision-making. This can include changes to board structure, executive compensation, and shareholder rights. Reforms aim to enhance transparency, accountability, and ethical conduct. Effective governance reforms strengthen investor confidence and organizational resilience. They ensure that companies can respond to challenges and opportunities in a rapidly changing business environment. Governance reforms are essential for aligning corporate practices with sustainability and stakeholder expectations.