Which of the following is NOT one of the Six Principles for a Governance System?

The correct choice highlights the importance of understanding that the Six Principles for a Governance System do not formally include risk management as one of them. The principles generally emphasize a broader framework for effective governance, which encompasses various aspects such as stakeholder engagement, value creation, and an adaptable approach to governance structures.

Dynamic Governance System speaks to the need for governance frameworks that can adapt to changing circumstances, ensuring continued effectiveness in achieving objectives. Similarly, the focus on Shareholder Value represents a critical aspect of governance where the interests of the owners of the company are prioritized, and considering a Holistic Approach emphasizes the integration of multiple facets of governance and their impacts on the organization as a whole.

Risk management, while crucial in many organizational practices and governance discussions, tends to be seen more as a component that supports the overall governance strategy rather than a standalone principle within this specific framework.