In order to for good governance to exist‚ there are three guiding principles; practicing meritocracy‚ having honest and capable leaders and the principle of being forward- looking. Having honest and capable leaders is the most essential factor among the three to good governance. Having honest and capable leaders can enhance stability in the government and help make the right decisions. With honest and capable leaders‚ they would be able to raise a country’s welfare to better heights‚ making right
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consist of other element and factors such as leadership‚ reward system‚ structure‚ policies and codes‚ orientation and training programs‚ and decision making process. Leadership Foremost in the creation of an ethical culture is the personal integrity of organizational leadership‚ this is essential for creating and sustaining an effective “tone from the top”. It is often said that a
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The Roles of Corporate Governance in Bank Failures during the Recent Financial Crisis Berger‚ Allen N.1 | Imbierowicz‚ Björn2 | Rauch‚ Christian3 July 2012 Abstract This paper analyzes the roles of corporate governance in bank defaults during the recent financial crisis of 2007-2010. Using a data sample of 249 default and 4‚021 no default US commercial banks‚ we investigate the impact of bank ownership and management structures on the probability of default. The results show that defaults
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Man of Integrity My father stands at five foot nine inches tall‚ and is husky built. He has brown eyes‚ black hair mixed with some grey‚ and thinning on top. He has a dark complexion‚ and loves the outdoors. He has always been a great leader‚ provider‚ and role model in my life. He is a great person‚ and has always made me proud to be his daughter. In my eyes my father will always be seen as a brave‚ selfless‚ and very dedicated man. He completed college with a degree in Criminal Justice after
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–156 A study of the relationship between corporate governance structures and the extent of voluntary disclosure Simon S.M. Ho*‚ Kar Shun Wong School of Accountancy‚ The Chinese University of Hong Kong‚ Shatin‚ N.T.‚ Hong Kong Abstract The primary objective of this study is to test a theoretical framework relating four major corporate governance attributes with the extent of voluntary disclosure provided by listed firms in Hong Kong. These corporate governance attributes are the proportion of independent
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Akuntansi Sektor Publik dan Good Governance Pengertian governance dapat diartikan sebagai cara mengelola urusan-urusan publik. World Bank memberikan definisi governance sebagai ”the way state power is used in managing economic and social resources for development of society”. Sementara itu‚ United Nation Development Program (UNDP) mendefinisikan governance sebagai “the exercise of political‚ economic‚ and administrative authority to manage a nation’s affair at all levels”. Dalam hal ini‚ World
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Good governance is a precondition for economic development. The quality of governance plays a vital role in the economic development of countries. The need for good governance is widely recognised in today’s discourses on development. The exhortation for good governance to achieve economic development is widespread. Last week we quoted President Obama who said that what Africa required was not strong men but strong institutions and good governance. President Obama who underscored the importance of
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is still a far cry. Although the Govt. health complexes in the Upazilla and in some cases in the Union are | |noteworthy in a poor country like Bangladesh and also the budget in the health sector is satisfactory but due to lack of good | |governance‚ people are not getting the health services. But it can be mentioned that child mortality rate has considerably improved | |and life span has increased considerably.
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and processes which companies are governed by is known as corporate governance. Acting as management or control system‚ it motives to align the company with its set objectives and goals through a path that adds value to the company whilst keeping the best interests of stakeholders for the long term. (Kaplan Financial Knowledge Bank 2014) While generally carried out by most businesses‚ the practiced procedure or extent of corporate governance varies from company to company depending on the theoretical
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E-Governance Traditionally‚ the interaction between government and citizen took place in a government office. Now Govt. are facing problem in wake of social and technology‚ publics are demanding efficient and transparent public administration. Governments worldwide are striving hard to transform and reinvent the government system. E-Government: It can be defined as the application of ICT-particularly internet based information technology by government agency to improve efficiency‚ effectiveness‚
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