What is the PRIMARY objective of implementing corporate governance?

The primary objective of implementing corporate governance is to provide strategic direction. This means establishing the framework and guidelines that dictate how a company is directed and controlled, ensuring that its long-term goals and vision are clearly defined. Good corporate governance helps to guide the company in making strategic decisions, setting priorities, and ensuring accountability to stakeholders.

By establishing clear policies and procedures under governance, organizations can navigate complex environments and align their resources effectively to achieve their objectives. This strategic direction also encompasses the creation of a culture that promotes ethical behavior and compliance, which, in turn, contributes to the organization's overall success.

Other choices may touch upon aspects of governance but do not encompass its primary aim. Controlling business operations can be a function of governance but is not its ultimate goal. Aligning IT with business is essential but serves as a part of the broader strategic direction. Implementing good practices contributes to effective governance but again is subordinate to the overarching need for strategic direction.