Good corporate governance involves a __________ to run businesses in a legal manner.a.planb.commitmentc.decisiond.requirement

The best choice to fill in the blank in the statement "Good corporate governance involves a __________ to run businesses in a legal manner." is b. commitment.

Explanation

Good corporate governance is fundamentally about how organizations are directed and controlled. A commitment to ethical practices and legal standards is critical for ensuring transparency, accountability, and compliance with laws and regulations. When businesses are committed to operating within the legal framework, they not only protect the interests of shareholders but also foster trust among stakeholders, including employees, customers, and the community. This commitment serves as a foundation for sustainable practices and long-term success, as it encourages responsible behavior, discourages fraudulent activities, and builds a positive corporate reputation. In contrast, the other options—plan, decision, and requirement—do not inherently capture the essence of a foundational approach necessary for effective governance.

Thus, the correct answer is commitment.