Rules, practices, and processes—three words that mean just about everything to shareholders. The concept of corporate governance has a relatively short history in the United States, as it dates back only to the 1970s. While corporations have always undergone some form of governance, said Dan Byrne, content manager at The Corporate Governance Institute, “nothing compared to modern times’ level of control and oversight.” “Now, governments, consumers, and corporate culture care a lot about ensuring that co ...