, A public service that is efficient, a judicial system that is reliable, and administration that is accountable to public”.
Similarly another report was presented by World Bank in 1992, According to this report; good governance includes public sector management, accountability, legal framework...
affairs of a state. (Beynon-Davies, 2007)
Good governance is defined in the oxford concise dictionary of politics by Mclean and McMillan (2003) as government that is responsive to public opinion. There are however some features of good governance of which accountability is a part of. They include...
. In countries where there is corruption; poor control of public funds, lack of accountability, abuses of human rights and excessive military influence, development inevitably suffers. Development is generally greater in countries characterized by good governance. One element of good governance that...
governance such as
legitimacy, accountability, transparency, rule of law, corruption, Human rights and
decentralization. In some cases, even though citizens have access to participation, there
is no good governance because of the lack of those factors. Therefore, while ensuring the
has to be achieved by the creation of institutions, on the one hand, and the establishment of accountability relationship between institutions of state and its citizens. In other words, the quality of good governance in any society would eventually depend on the intensity of interface between the...
greater probity in the functioning of the government departments so as to promote transparency and accountability in the working of the public bodies and contain the scourge of corruption, which are critical for ensuring good governance.
Right to information (RTI) is inherent in democratic...
2007123010 Jin Wan Kim
Good Governance and Development
Most of the ODA comes with conditions attached, whether in forms of bilateral or multilateral. Ever since the World War Ⅱ, there have been lots of cases when aid has been linked to political objectives. Although the practicality of the aid...
a group of smart, accomplished people around a board table to make good decisions on behalf of the company and its stakeholders.
WHAT IS GOOD GOVERNANCE?
Recently the terms "governance" and "good governance" are being increasingly used in development literature. Bad governance is being...
Good governance sets the normative standards of development. It fosters
participation, ensures transparency, demands accountability, promotes efficiency,
and upholds the rule of law in economic, political and administrative institutions and
processes. It is a hallmark of political maturity...
“Public Administration in Pakistan “
Good governance in Pakistan
Sir M. Saleem SIiddiqi
Quaid-i-Azam University Islamabad
WHAT IS GOOD GOVERNANCE?
Recently the terms "governance" and "good...
today’s world. Good corporate governance is essential for entities that want access to capital. Corporate governance responsibilities rest with the board of directors, a number of corporate governance guidelines help to foster improved corporate governance practices. The guidelines foster awareness of a...
What is the role of the free press in strengthening democracy, good governance, and
Liberal theorists have long argued that the existence of a unfettered and
independent press within each nation is essential in the process of democratization, by
contributing towards the...
on the approach of democratic governance, following a discussion on the three principles of good governance, that is accountability, participation and responsiveness and critically evaluating how these principles are implemented or undermined as part of democratic government. Along with the three...
, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for...
make their important decisions, determine whom they involve in the process and how they render account.
It is “… among other things participatory, transparent and accountable. It is also effective and equitable. And it promotes the rule of law.” – UNDP
Good governance is about...
goods and services, accountability in the use of power, the protection of
human rights and freedoms, and the maintenance of an organized corporate framework within which each citizen
can contribute fully towards finding innovative solutions to common problems.
1.1.2 Corporate Governance
Good governance assumptions
• Instrumental goals:
• Targeting aid towards countries with good institutions and
policies makes sense for efficient investment of limited
• Using publicly-available eligibility criteria encourages
THE PRINCIPLE OF GOOD CORPORATE GOVERNANCE
The main aim of a company must be located outside the company personally, that is located in the community because the company was the community's implement. Only had one legal definition for the aim of the company, which is to create the customer. The...
people with governance responsibilities and evaluating their performance, as individuals and as a group; and
• Striking a balance, in the membership of the governing body, between continuity and renewal.
6. Good governance means engaging stakeholders and making accountability real...
expected to be followed by organisations, to ensure that there is an effective framework for accountability of directors to owners. In other words, to ensure goals and decisions made by management are aligned with those of the shareholders, with the aim of protecting investors.
structures to enhance good governance and accountability.
governance and accountabilitY
3. Governance and accountability have gained recent popularity of use, particularly with the corporate sector and increasingly in the public sector. As their popularity has increased, so have the...
It has been recognised world over that good governance is essential for sustainable development, both economic and social. The three essential aspects emphasised in good governance are transparency, accountability and responsiveness of the administration. “Citizens’ Charters” initiative is a...
best use of resources at their disposal. The concept of efficiency in the context of good governance also covers the sustainable use of natural resources and the protection of the environment.
Accountability is a key requirement of good governance. Not only governmental institutions...
, without proper oversight, and will lead to irreparable damage and reckless management of the company, and may ultimately lead to more dire consequences such as class actions, SEC fines, and possible imprisonment to company executives.
Good corporate governance will play a key role in regaining the...
(Tools for sound governance practices)
KPMG India, in its recent survey noted that good corporate governance is characterized by a firm commitment and adoption of ethical practices by an organization across its entire value chain and in all of its dealings with a wide group...
institutions, civil society and external institutions. Lack of transparency, weak accountability, lack of responsiveness and inefficiency also compromise good governance. In a corrupt government, public resources are diverted from meeting the needs of the poor and benefits do not reach the intended...
The paper on, Good corporate Governance: The key success factor for
entrepreneurial development in Africa.
To be presented @ the 13th International Winelands Conference, South Africa
April 2-4, 2012
Theme: Integrity and Governance, What is good? What is bad? What is...
(2003) in its Good Governance Principles lists the values: accountability, transparency, fairness and balance, honesty, dignity, goodwill. Another value often stated in the private sector is customer service. The Victorian Public Administration Act 2004 sets out values of responsiveness, integrity...
address the principal-agent problem, which arises from the
separation of ownership and control.
Investment in a company is now dependant on corporate responsibility to investors
Firms cannot afford not to engage in good corporate governance especially accountability and transparency...
with respect to six aspects of good governance:
Voice and Accountability, Political Stability and Violence, Government Effectiveness, Rule of
Law, Regulatory Quality, and Control of Corruption. These indicators have been used by
researchers as well as foreign aid donors such as the United States...