Challenge of Good Governance in India: Need for Innovative Approaches by Balmiki Prasad Singh * Abstract This paper makes an effort to provide a framework for good governance in India by identifying its essential features and shortcomings in its working and emphasizes need for innovative approaches. No theory of governance could be intelligible unless it is seen in the context of its time. India’s democratic experience of the past six decades has clearly established that good governance must aim at
Premium India Democracy Government
Good Governance Buy custom Good Governance essay Good governance refers to a perfect decision-making and the implementation of that decision. Good governance comprises of the following essential characteristics. Good governance is participatory‚ accountable‚ transparent‚ responsive to peoples needs‚ efficient and effective in its operation‚ equitable‚ inclusive‚ and up-holds the rule of law. Good governance has gained popularity in the world. Donors are strictly relying on the term in making their
Premium Governance Democracy Public administration
Good governance‚ democracy and development By Aftab Ahmad Khan Government may be taken as connoting how people are ruled and how the affairs of the state are administered and regulated. It encompasses the state’s institutional and structural arrangements‚ decision-making process and implementation capacity. Conversely‚ it also implies the possibility that the government may be captured by self-seeking elites intent on plundering the nation’s wealth. Good governance depends on the extent to
Premium Democracy Political corruption Government
A Democratic Society Throughout time the debate upon which is the best system of government has been an ongoing debate. Somewhere between the realms of democracy‚ socialism‚ fascism‚ communism‚ and monarchism lies the answer to the perfect system. Traditionally speaking‚ North America has always tried to remain democratic in ruling. The democratic system‚ unlike it’s alternatives‚ encourages equality and liberty among the people which in modern society‚ makes it the most attractive system
Premium Democracy Government Autocracy
important factor. The most advocated board diversity aimed at insuring the board’s independence is not valid across all ownership configurations. From a public policy perspective‚ results provide support for the principles-based approach in governance. Governance regimes should encourage the search for a balance between board diversity and the need for cohesion that best serves the firm’s purpose and obligations. Introduction Board’s diversity and its effect on firm performance have been extensively
Premium Corporate governance Board of directors Management
By: Angelo Kraus Block: 3B 2/21/2012 Russia‚ Democratic or Not? Russia should be considered a semi-democratic country. They have the characteristics of a democratic country‚ yet at the same time they don’t. For example‚ they have freedom of speech but to an extent. As shown in a round table discussion show that’s been on air for years. But‚ its only good things are spoken about the government and Putin. Also they can vote and what not but the government tries to rig it. Another example is that
Premium Russia Democracy European Union
Democratic Education Democracy in its most basic form is a government run by the people. But what would become of the government if the people were ill-informed and ignorant? John Dewey‚ the father of experimental education‚ argued that for a democratic government to succeed it must entail a thorough and relevant educational system‚ a democratic education. All too often formal education simply teaches general skills and has unchanging subject matter predetermined for all students. Dewey argued
Premium Education Democracy School
Title: Corporate Governance Assignment topic Option 1 Conduct a review of the governance of your organisation (or one with which you are familiar) in the form of a report to the Chairman (or President) of the Governing Board of Directors. In the brief report use the concepts‚ tools and techniques learned in this subject to review the structure‚ process and effectiveness of the governance of the organisation and make recommendations for appropriate improvements. Executive summary This report
Premium Corporate governance Board of directors
knowledge. I. Study Summary The objective of this paper is to examine the relationship between corporate governance on dividends payout in Canada to better understand "why companies pay dividends". In the light of agency theory‚ Adjaoud and Ben-Amar tested two competing hypothesis‚ which are outcome and substitution hypothesis. They chose Canada to examine the relationship between corporate governance and corporate dividend payments for two reasons; first‚ the comparability between Canada and USA from
Premium Dividend
them to run the business. As a result‚ the managers make all strategic decisions that affect the shareholders’ well-being. A conflict of interest may arise due to this separation of ownership and control (Pandey‚ 2010). Therefore‚ Agency Theory of Corporate Governance tries to illustrate how managers can maximize their own wealth at the expense of the shareholders. Finally it develops rules and incentives based on the contracts given to the management‚ so as to minimize or eliminate the conflicts of
Premium Management Finance Stock