Governance Metrics
Specific measures used to assess the effectiveness and efficiency of data governance practices, such as data quality scores, compliance rates, or incident response times.
Implications
Quantitative measures used to assess the effectiveness of governance practices within an organization, often including indicators related to board composition, risk management, compliance, and ethical behavior, providing insights into the overall health of governance structures.
Example
Example: A public company tracks governance metrics such as board diversity, frequency of audit committee meetings, and the percentage of independent directors, using these metrics to evaluate and improve its governance practices.
Related Terms
Different from financial metrics, which assess financial performance, governance metrics specifically evaluate the quality and effectiveness of the organization�s governance processes.
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