Corporate governance is a framework of rules and regulations that governs the leadership, organization, and management of a company. In addition to compliance with laws, rules, and regulations, corporate governance may include compliance with the company’s corporate charter, bylaws, formal policies, customs, and internal processes. The company’s board of directors often directs its corporate governance over a broad range of functions, including financial reporting and disclosures, securities laws, risk management, operating plans and budgets, strategic planning, succession planning, crises management, internal controls, internal audits, preventing foreign corrupt business practices, and executive compensation.

In Montana (MT), corporate governance is primarily governed by the Montana Business Corporation Act, which sets forth the state statutes for the formation, operation, and dissolution of corporations. This includes regulations on the roles and responsibilities of the board of directors, shareholder rights, and disclosure requirements. Corporations in Montana must also adhere to their own articles of incorporation and bylaws, which typically cover the company's internal governance structure, including the processes for electing directors, conducting meetings, and making significant business decisions. Additionally, corporations must comply with federal laws such as the Sarbanes-Oxley Act for financial reporting and disclosures, the Dodd-Frank Act for financial reforms and consumer protection, and the Foreign Corrupt Practices Act to prevent bribery of foreign officials. Corporate governance in Montana also encompasses adherence to securities laws enforced by the Securities and Exchange Commission (SEC), which includes regulations on public company reporting and disclosure. Effective corporate governance practices in Montana involve not only legal compliance but also ethical management, transparent operations, and accountability to shareholders and stakeholders.