Which of the following provides the most accurate description of corporate governance?

Select answer from the options below

a$.$ The oversight committee within companies used to ensure that management is practicing ethical behavior and that, among other things, risks are identified and controlled by management and entity personnel

b$.$ The people, systems, and processes within companies used to ensure that companies are well$-$managed and that, among other things, risks are identified and controlled by management and entity personnel

c$.$ The oversight committee within companies used to ensure that companies are well$-$managed and that, among other things, risks are identified and controlled by management and entity personnel

d$.$ The people, systems, and processes within companies used to ensure that companies follow laws and regulations and that, among other things, violations are identified and controlled by management and entity personnel