Governance Essays & Research Papers

Best Governance Essays

  • Good Governance - 462 Words
    The Independent Commission for Good Governance in Public Services, chaired by Sir Alan Langlands, worked throughout 2004. Through two rounds of consultation, the Commission drew on the views of a wide range of people with experience of governance, and of service users and citizens, to produce the Good Governance Standard for Public Services. The Standard presents six principles of good governance that are common to all public service organisations and are intended to help all those with an...
    462 Words | 2 Pages
  • Role of Governance - 1164 Words
     Role of Governance in Health Care Organizations Grand Canyon University HCA 545 October 23, 2013 “The essence of good corporate governance is ensuring trustworthy relations between the corporation and its stakeholders. Therefore, good governance involves a lot more than compliance. Good corporate governance is a culture and a climate of Consistency, Responsibility, Accountability, Fairness, Transparency, and Effectiveness that is Deployed throughout the...
    1,164 Words | 4 Pages
  • good governance - 1924 Words
    Amando M Tetangco, Jr: Fostering a culture of good governance and compliance Speech by Mr Amando M Tetangco, Jr, Governor of Bangko Sentral ng Pilipinas (the central bank of the Philippines), at the induction of new officers and general membership meeting of the Bankers Institute of the Philippines, Makati City, 17 July 2013. * * * The officers and members of the Bankers Institute of the Philippines under the leadership of President Francis Puzon, SEC Chairperson Tess Herbosa, my...
    1,924 Words | 7 Pages
  • Good Governance - 646 Words
    Good Governance has 8 major characteristics. It is participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows the rule of law. It assures that corruption is minimized, the views of minorities are taken into account and that the voices of the most vulnerable in society are heard in decision-making. It is also responsive to the present and future needs of society. But there is one characteristic I like most, it is the...
    646 Words | 2 Pages
  • All Governance Essays

  • Good Governance - 2606 Words
    Good Governance 1. INTRODUCTION: Governance implies control, direction, and rule with authority or administers laws to govern a system to achieve certain objectives. Good Governance implies running administration according to the defined laws to achieve the objective of promoting the welfare of the people in a democratic oriented order. Bad governance means departing from the norms of laws and subjecting system of administration to whims, idiosyncrasies of the rulers to achieve certain...
    2,606 Words | 8 Pages
  • Corporate Governance - 774 Words
    Why does corporate governance matter from an employment relations perspective? Introduction: Define. Types of CG. Corporate governance is defined as the customs, policies, laws and institutions affecting the way in which companies are controlled or operated. The two archetypal governance systems are Market Outsider system usually associated with US and the UK, and Relational Insider system associated with Japan and Germany. The types of systems will impact the way the company is...
    774 Words | 3 Pages
  • The Corporate Governance - 7675 Words
    INTRODUCTION Corporate governance is the framework of rules and practices by which a board of directors ensures accountability, fairness, and transparency in a company's relationship with its all stakeholders (financiers, customers, management, employees, government, and the community). The corporate governance framework consists of (1) explicit and implicit contracts between the company and the stakeholders for distribution of responsibilities, rights, and rewards, (2) procedures for...
    7,675 Words | 23 Pages
  • Good Governance - 2253 Words
    OUTLINE:  Introduction  Good Governance Defined  Essentials Of Good Governance • Equal Participation • Promotion Of National Cohesion • National Integration • Institution Supremacy • Independent Judiciary • Constitutional Supremacy • Rule Of Law • Political Stability • Free Media • Equal Educational Opportunities • Socio-economic Development • Equal Distribution Of Resources • Welfare State With Provision Of Social Securities • Strong Writ Of The Government On All Fronts ...
    2,253 Words | 8 Pages
  • corporate governance - 2409 Words
    CORPORATE GOVERNANCE Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which...
    2,409 Words | 8 Pages
  • Good Governance - 1279 Words
    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...
    1,279 Words | 4 Pages
  • It Governance Danone - 514 Words
    DANONE CORPORATE GOVERNANCE Analyze DANONE’S corporate governance strategy in the three major areas of “effective IT governance mechanisms” Mechanisms that facilitate decision making: First of all, Information Technology (IT) governance means the decision rights and accountability framework for encouraging desirable behavior in the use of IT. In recent times, IT governance has become critical for ensuring that IT-related decisions match company-wide objectives; particularly with the...
    514 Words | 2 Pages
  • The Importance of Governance - 565 Words
    "GOVERNANCE is the exercise of political, economic and administrative authority to manage a nation's affairs. It is the complex mechanisms, processes and institutions, through which citizens and groups articulate their interests, exercise their legal rights and obligations, GOVERNANCE is "… the traditions and institutions by which authority in a country is exercised for the common good. This includes (i) the process by which those in authority are selected, monitored and replaced, (ii) the...
    565 Words | 2 Pages
  • Corporate governance - 5043 Words
    1) What is corporate governance? Contemporary corporate governance started in 1992 with the Cadbury report in the UK Cadbury was the result of several high profile company collapses is concerned primarily with protecting weak and widely dispersed shareholders. Corporate Governance is a mechanism through which boards and directors are able to direct, monitor and supervise the conduct and operation of the corporation and its management in a manner that ensures appropriate...
    5,043 Words | 27 Pages
  • Corporate Governance - 2122 Words
    Does the Corporate Governance Maximise Shareholders’ Wealth? | ITV PLC | | | | | Introduction/Key Objectives The main purpose of this report is to find out whether Corporate Governance (CG) does maximise shareholders’ wealth within a selected company. ITV PLC is the selected company for this report; their Annual Report (AR) 2011 will be used for statistical evidence. Also, existing theories will be applied to ITV PLC for qualitative evidence. Recommendations and advice will be...
    2,122 Words | 7 Pages
  • Bad Governance - 757 Words
    ……………………………………………………………………………………………………………………………………………………………………. Governance is the act of governing. It relates to decisions that define expectations ,grant power, or verify is the set of policies, roles, responsibilities, and processes that you establish in an enterprise to guide, direct, and control how the organization It consists of either a separate process or part of decision-making or leadership processes. "governance" means: the process of decision-making and the process...
    757 Words | 3 Pages
  • Good Governance - 1859 Words
    Good Governance Governance Governance is defined here; as the dynamic interaction between people, structures, processes and traditions that support the exercise of legitimate authority in provision of sound leadership, direction, oversight, and control of an entity in order to ensure that its purpose is achieved, and that there is proper accounting for the conduct of its affairs, the use of its resources, and the results of its activities. Good governance is an indeterminate term used in...
    1,859 Words | 7 Pages
  • corporate governance - 928 Words
    Corporate Governance The system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of the many stakeholders in a company - these include its shareholders, management, customers, suppliers, financiers, government and the community. Since corporate governance also provides the framework for attaining a company's objectives. Corporate governance refers to the structures and processes for the...
    928 Words | 4 Pages
  • GOOD Governance - 5719 Words
    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...
    5,719 Words | 16 Pages
  • good governance - 603 Words
    Good governance is an indeterminate term used in international development literature to describe how public institutions conduct public affairs and manage public resources. Governance is "the process of decision-making and the process by which decisions are implemented (or not implemented)".[1] The term governance can apply to corporate, international, national, local governance[1] or to the interactions between other sectors of society. The concept of "good governance" often emerges as a...
    603 Words | 2 Pages
  • good governance - 2143 Words
    Outline: • Introduction o Definition of Governance o Definition of Good Governance o Its conceptual framework (based on lessons learned from history, freedom of thought and freedom of speech). • Elements of Good Governance o Participatory o Consensus oriented o Accountable o Transparent o Responsive o Effective and efficient o Equitable and inclusive o Follows rule of law, Justice o Subsidiary o Sustainability o Predictability • Measures that test Good Governance o The popular...
    2,143 Words | 7 Pages
  • Corporate Governance - 3086 Words
    Strategic Finance Reflective Paper: Corporate Governance Siddharth Menon 13200701 What is Corporate Governance? Corporate Governance defines the methods, structure and the processes of a company in which the business and affairs of the company managed and directed (Khan, 2011). It deals with ways in which suppliers of finance to corporations assure themselves of getting a return on their investment. Corporate Governance can also be defined as the whole system of rights,...
    3,086 Words | 9 Pages
  • A Good Governance - 792 Words
    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...
    792 Words | 3 Pages
  • IBM IT governance - 45875 Words
    Front cover IBM IT Governance Approach Business Performance through IT Execution Optimizing business performance through IT strategy, goals, and objectives Enabling and empowering people to deliver strategic business value Automating IT governance with IBM Rational software Lynn Mueller Matthew Magee Petr Marounek Andrew Phillipson International Technical Support Organization IBM IT Governance Approach: Business Performance through IT Execution...
    45,875 Words | 197 Pages
  • Corporate Governance - 1697 Words
     Interests in corporate governance, specifically in business accountability, emerged in 2001-2002 in response to the financial collapses that large companies faced such as Enron in the United States, Parmalat in Italy, Ahold in Netherlands etc... . Governments and agencies, tried to prevent these scandals by issuing laws and regulations such as the Sarbanes–Oxley Act of 2002, United States federal law, however, shortly the interests in good corporate governance was renewed and emphasized after...
    1,697 Words | 5 Pages
  • Corporate Governance - 435 Words
    FIN4507 – Corporate Governance and Corporate Accountability PART I (Term 1) Class tests - 10% Multiple choice test - 10% Coursework Assignment 1 – 30% Coursework Assignment 1: a) Write an essay on key theories that are widely discussed in the academic literature on corporate governance. Critically analyse the strengths and weaknesses of each theory. In your essay, you are expected to compare and contrast these theories and state which theory, in your opinion, best explains the...
    435 Words | 3 Pages
  • Corporate Governance - 2479 Words
    TABLE OF CONTENTS GOOD CORPORATE GOVERNANCE 2 • OBSERVANCE OF GOOD CORPORATE GOVERNANCE 3 • FAILURES OF CORPORATE GOVERNANCE 5 CORRUPTION 5 • BENEFITS OF AVOIDING CORRUPT PRACTICES 6 CONCLUSION 8 REFERENCES 9   GOOD CORPORATE GOVERNANCE Governance in the Oxford dictionary is defined as “control or influence”, while corporate is defined as “shared by all members of the group”. Therefore corporate governance refers to the structures and processes for the direction and control of...
    2,479 Words | 8 Pages
  • Good Governance - 5195 Words
    Essay title: WHAT IS “GOOD GOVERNANCE” AND DOES IT IMPROVE THE CONDITIONS FOR DEVELOPMENT? Name of student: ABDULKADIR SHEIK MOHAMED Student Number: 2403108 Course: Msc in Refugee Studies Year 2004-5 Essay on Images of Development GOOD GOVERNANCE Introduction The topic of this essay concerns about good governance namely what is it, what is its possible application in the formal and informal sectors added to its context, do the different ideological...
    5,195 Words | 15 Pages
  • Governance and Accountability - 1317 Words
     Accountability in Leadership SGT Jeremiah Hendry Accountability is the cornerstone of an effective organization. It begins with the individual, whether a soldier, a civilian, employee, manager, supervisor, CEO, or General Officer. I want to first look at the definition of accountability, its impact on leadership in all walks of life, both civilian and military, and finally, how to implement effective accountability in a organization. Let's...
    1,317 Words | 4 Pages
  • Corporate Governance - 1734 Words
    Corporate governance Two definitions: ASX CGC: rules, relationship, systems and processes help a company to monitor and assess risk, optimize performance, create value and provide accountability. A narrow definition which consistent with agency theory focuses on relationship between company and shareholders. OECD: a system a company can be directed and controlled, specify rights, responsibilities and rules; set and achieve objectives and monitor performance. A board definition consider...
    1,734 Words | 8 Pages
  • Good Governance in Pakistan - 1680 Words
    Good Governance in Pakistan. OUTLINES: 1. Introduction 2. Definition of Governance 3. Governance in Pakistan. 4. Failures of Governance in Pakistan 5. Causes of failures: 1. Political commotion 2. No democratic setup 3. Military intrusion 4. Feudal indulgence 5. Massive Corruption 6. Constitutional crises 7. Institutional clashes 8. Mismanagement of resources 9. Lack of Accountability 10. Over Exploitation of funds 11. Restrictions on media 12. Ethnic conflicts 13....
    1,680 Words | 6 Pages
  • Good Governance Challenge And Issues
     1.0 INTRODUCTION Recently the terms "governance" and "good governance" are being increasingly used in development literature. Bad governance is being increasingly regarded as one of the root causes of all evil within our societies. Simply put "governance" means: the process of decision-making and the process by which decisions are implemented (or not implemented). Since governance is the process of decision-making and the process by which decisions are implemented, an analysis of governance...
    6,489 Words | 21 Pages
  • Agency Cost & Corporate Governance
    Agency Costs and Corporate Governance I Introduction Before analysing problems that occur when institutional ownership and control are separated, it should be outlined why institutions exist at all. Therefore, chapter two examines why organizations occur in economy. Chapter three addresses the agency problem, based on this organization. Chapter four addresses the common ways to solve the agency problem and chapter five gives a comparison over the three most important corporate governance...
    6,746 Words | 21 Pages
  • Governance Issues in Pakistan - 644 Words
    EXTRACTIVE INSTITUTIONS • Good governance Is directly related to institutional stability and the breakdown in the institutional development is a major cause behind bad governance • The issues like institutional development, institutional stability, institutional balance and accommodation have affected Pakistan • Institutional imbalance It is the need for all institutions to work within their ambit Inclusive institutions These are the ones 1. Where plurality and greater...
    644 Words | 3 Pages
  • Effective corporate governance - 902 Words
    EFFECTIVE CORPORATE GOVERNANCE Presented by: Alfesany Ahmed Complience Manager Pret A Manger Ltd. Birmingham, UK Contents Introduction Corporate Governance The importance of responsible Corporate governance The regulatory requirements that shapes the effective corporate governance in regulated company The impact of regulatory requirements on pret A manger stakeholders interests Conclusion Reference Pret a Manger was opened in Hampsted, London, UK in 1984 by Jeffrey...
    902 Words | 5 Pages
  • Corporate Governance Blueprint 2011
    Corporate Governance Blueprint 2011 Towards Excellence in Corporate Governance Suruhanjaya Sekuriti Malaysia 3 Persiaran Bukit Kiara Bukit Kiara 50490 Kuala Lumpur Malaysia Tel: 603-6204 8000 Fax: 603-6201 5078 Copyright © July 2011 Securities Commission Malaysia All rights reserved. No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means (graphical, electronic, mechanical,...
    27,564 Words | 142 Pages
  • Good Governance in IOs - 10320 Words
    Good Governance in International Organisations By Ngaire Woods Final version published in Global Governance Volume 5, Number 1 (Jan-March 1999) (BACK to LIST) ABSTRACT Since the early 1990s many international institutions have been urging governments to conform to standards of `good governance'. Yet the same institutions have been rather slow in applying equivalent standards to their own structures and decision-making processes. In this paper I examine what this would mean. I argue that...
    10,320 Words | 34 Pages
  • Sociology and Good Governance - 1094 Words
    GOVERNANCE The process of decision-making and the process by which decisions are implemented (or not implemented). “The traditions and institutions by which authority in a country is exercised” – Kaufman et al The way “… power is exercised through a country’s economic, political, and social institutions.” – The World Bank’s PRSP Handbook. “The exercise of economic, political, and administrative authority to manage a country’s affairs at all levels. It comprises mechanisms,...
    1,094 Words | 4 Pages
  • Key Elements of Good Governance
    Good governance is such a widely used term that I feel the need to first clarifies what I understand by good governance. If governance includes the exercise of authority in managing the resources of a country, then good governance is about making sure that this exercise of power helps improve quality of life enjoyed by all citizens. If your government is not providing the quality of life that you think you and your fellow citizens deserve, it most likely has to do with good governance – or a...
    722 Words | 3 Pages
  • OECD Principles of Corporate Governance
    OECD Principles of Corporate Governance Since they were issued in 1999, the OECD Principles of Corporate Governance have gained worldwide recognition as an international benchmark for good corporate governance. They are actively used by governments, regulators, investors, corporations and stakeholders in both OECD and non-OECD countries and have been adopted by the Financial Stability Forum as one of the Twelve Key Standards for Sound Financial Systems. The Principles are intended to assist in...
    19,581 Words | 70 Pages
  • Accountability and Democratic governance. - 1495 Words
     CHAPTER ONE INTRODUCTION 1.1 Background of the study The duty of any government in a democracy to the people that elected it, is to be accountable for its actions. Accountability is answerability, blame worthiness, liability and the expectation of account giving in relation to governance. (Dyxtra, Clarence, 1939) “As an aspect of governance, accountability has been central to discussions related to problems in the public sector, nonprofit and private (corporate) worlds. In...
    1,495 Words | 6 Pages
  • Governance Structures in Nursing - 1355 Words
    Abstract The purpose of this paper is to discuss the different governance structures available for nurse managers to utilize while managing their nursing team. This paper provides information on the two types of governance structures: shared governance and centralized governance. The resources used were many different articles from nursing journals, nursing websites, as well as one nursing book. The findings in the many articles gave vast information about the two types of structural...
    1,355 Words | 4 Pages
  • Role of Nasscom in Corporate Governance
    ROLE OF NASSCOM IN CORPORATE GOVERNANCE IN IT INDUSTRY National Association of Software and Services Companies (NASSCOM) is a trade association of Indian Information Technology (IT) and Business Process Outsourcing (BPO) industry established in 1988. NASSCOM is a non-profit organization, funded by the industry, its objective is to build a growth led and sustainable technology and business services sector in the country. NASSCOM is the global trade body with over 1200 members, of which...
    1,764 Words | 7 Pages
  • International Governance of Environmental resources
    International Governance of Environmental resources Natural resources - Mobile but nonrenewable. Resource flows- Renewable energy sources. Environmental resources-resources provided by nature that are indivisible. Types of Natural Resources Resources that occur naturally in nature are known as natural resources. Natural resources can be found in our environment. The environments are the conditions that surround us. Natural resources cannot be made by man, but man can help ensure their...
    609 Words | 3 Pages
  • Corporate Governance Regulation - 4452 Words
    Corporate governance regulation Abstract This article unveils the reasons behind the deluge of corporate governance regulation issued during the past decade. The differing nature of the various standards as well as their potential effectiveness in satisfying needs of different stakeholder is analysed by presenting the similarities, differences and the main construction blocks of the corporate governance standards and highlighting the challenges faced by the regulators. The article also...
    4,452 Words | 13 Pages
  • Performance of Sulu Lgus on Governance
    The constituents of Sulu (Lupah Sug) have been experiencing different prominent problems and it is the Local Government Units that are mandated to create and provide remedies or solutions to address these problems. Tausugs are disappointed and dissatisfied with the performance of their local leaders/officials especially on Governance. LGUs failed to deliver effective governance that resulted to numerous issues and grievances from the people. The LGUs’ shortcomings towards its citizenry have...
    1,144 Words | 4 Pages
  • Corporate Governance in Nepal - 397 Words
    Corporate Governance Issues in Nepali private companies This is why private equity investors are very skeptical while investing in frontier market like Nepal...... This article has spot-on identified issues related to corporate hygiene................ "The first gaping imbalance in the emerging markets private equity equation was the accuracy timeliness, and transparency of financial and operating information provided to investors, and the willingness of managers to subject themselves...
    397 Words | 2 Pages
  • Information Security Governance - 1233 Words
     Information Security Governance Percy A. Grisby II Computer Ethics March 7, 2015 Professor Sonya M. Dennis Information Security Governance can be defined specifically as the methods and processes that an organization or business will utilize as a means of controlling their IT Security Management program. There is an important distinction which needs to be made however as governance should be considered as separate from IT Security Management as a discipline...
    1,233 Words | 4 Pages
  • Oecd Principles of Corporate Governance
    « OECD Principles of Corporate Governance 2004 © OECD, 2004. © Software: 1987-1996, Acrobat is a trademark of ADOBE. All rights reserved. OECD grants you the right to use one copy of this Program for your personal use only. Unauthorised reproduction, lending, hiring, transmission or distribution of any data or software is prohibited. You must treat the Program and associated materials and any elements thereof like any other copyrighted material. All requests should be made to: Head of...
    19,702 Words | 60 Pages
  • Information Technology Governance - 2675 Words
    INTRODUCTION Large companies are often complex in themselves, however even with the best of circumstances, influences both internal and external frequently wreak havoc upon the organization itself. Patchwork fixes, quick workarounds and modifications can often leave systems unruly and vulnerable. This more often than not results in unnecessary and cumbersome trials to not only maintain the existing system but also to ensure the add on does not adversely affect the surrounding systems. In...
    2,675 Words | 9 Pages
  • Guiding Principles for Shariah Governance
    Yahaya Ismail Legal and Regulatory Issues in Islamic Banking and Finance Guiding Principles for Shariah Governance System Professor: Dr. Kazeem Yavari For Institutions Offering Islamic Financial Services (IFSB Standards) 25/05/2011 INTRODUCTION: The Islamic Financial Service Board is an international financial organization. It was founded in 2003 and issues guiding principles and standards within the Islamic banking and financial sector. It aims to promote stability and order in the...
    2,232 Words | 8 Pages
  • Corporate Governance in Malaysia - 958 Words
    QUESTION TASK 1 (Due on 04 September 2012) You are required to answer the following questions A. Discuss the evolution of Corporate Governance in Malaysia before the year 2000(Not more than 500 words) B. Challenges and changes in Corporate Governance since 2000(Not more than 700 words) C. Give an overview of Malaysian Corporate Governance Code 2012(CG Code 2012) (Not more than 300 words) D. Discuss in detail, the salient features of Principle 1,2, 6 and 7 of the Malaysian CG Code 2012(Not...
    958 Words | 4 Pages
  • Governance Problem in Saccos - 8371 Words
     Table of Contents Page No CHAPTER ONE 2 1.0 INTRODUCTION 2 1.1 Back ground Information 2 1.2The Problem Statement 7 1.3 STATUS OF SACCOS 8 1.4 Research Objectives 12 1.5 Significance of Research 13 CHAPTER TWO 15 2.0 LITERATURE REVIEW 15 2.1 Theoretical and conceptual frame work 15 CHAPTER THREE 21 3.0 Research Methodology and Materials 21 3.1 Research Methodology 21 4.0 RESEARCH TIME FRAME 28 5.0 RESEARCH BUDGET 28...
    8,371 Words | 35 Pages
  • Convergence and International Corporate Governance
    Find and summarise (in no more than 1000 words) some of the work that has been done by Katherine Pistor and others on Convergence, Divergence and ‘Path Dependency' of legal systems as it relates to International Corporate Governance. In recent years the issue of corporate governance has become a keenly debated topic in international finance. In developed countries, some of the biggest corporate collapses in history have brought about a change in focus. No longer are governments and lawmakers...
    1,053 Words | 3 Pages
  • Good Governance Problems - 1944 Words
    According to the latest report “The State of Economy: Pulling Back From the Abyss,” released by the Institute of Public Policy of the Beaconhouse National University, Lahore “Pakistan remained abysmally at the bottom among South Asian States as it lost 8.3 per cent of its GDP or Rs. 820 billion during last year owing to bad governance.” The report also pointed out that GDP could have been higher by three percent or around Rs. 450 billion, had there been no shortage of power and water that has...
    1,944 Words | 5 Pages
  • New Trends in Corporate Governance
    COMPETITION & CHANGE, Vol. 12, No. 2, June 2008 203–222 New Trends in Corporate Governance: The Prominent Role of the Long Run Investor MICHEL AGLIETTA University Paris X (Economix) and CEPII, 9 rue Georges Pitard, 75015 Paris This paper is essentially theoretical. It lays out prolegomena for an alternative to shareholder theory. It links the corporation as the owner of the firm, a team theory of the firm that defines corporate governance as a co-ordination game and the crucial role of...
    6,298 Words | 32 Pages
  • How to Achieve a Good Governance
    GOOD GOVERNANCE Since the draw of civilization man has been striving hard t manage his affairs systematically. The desire to become systematic to the point and precise has led human being to develop variety of disciplines . These disciplines with the march of civilization failed to keep pace with the human driving force. Resultantly new avenues are sought for governance. In the case of Pakistan mismanagement has become a hallmark of out management. It is casting dark shadow son our ,...
    3,926 Words | 14 Pages
  • Role of Governance in Local Development
    Local Developmental Strategies (PMGT 021) | Assignment | Willy Ombisi ADM No: BUS-0-3684-2/2012 | * * * * * * * * THE ROLE OF GOVERNANCE IN LOCAL DEVELOPMENT * * * * * * * * * * * Instructor - Kidanemariam Menghistu Sebhat * 25th March 2013. THE ROLE OF GOVERNANCE IN LOCAL DEVELOPMENT Introduction: Since the end of the 1980s the issue of good governance...
    4,064 Words | 13 Pages
  • Corporate Governance and Information Disclosure
    Chapter One Introduction 1.1 Corporate Governance: Corporate governance is a combination of corporate policies and best practices adopted by the corporate bodies to achieve its objectives in relation to their stakeholders. It is also the field of economics, which studies the many issues arising from the separation from ownership and control. The fundamental objective of corporate governance reforms is to enhance transparency and transparency enhances accountability. It is widely recognized...
    5,754 Words | 19 Pages
  • Corporate Governance of Lehman Brothers
    The American regulatory model of corporate governance rests on the theory of self regulation as the most efficient means to achieve corporate self-control in the marketplace. However, that model fails to achieve regular compliance with baseline ethical and legal behaviours as evidenced by a century of repeated corporate debacles, the most recent being Lehman’s Brothers. Lehman’s Brothers Holdings Inc was a global financial services firm who provided services like investment banking, equity and...
    822 Words | 3 Pages
  • good corporate governance - 1820 Words
    The benefits to a company of practising good corporate governance are now well known. It can raise capital more cheaply in a world where capital is a scarce resource; when it has a downturn it will have support from its stakeholders in its turnaround attempt; its business will be more sustainable; when the board makes a wrong business judgment call – and dealing with uncertain future events it will do so – it will not be seen as a scandal but as a consequence of the risk/reward ratio involved...
    1,820 Words | 7 Pages
  • Corporate Governance Essay Question
    Week 2 Essay Questions (100 Points) 1. Do you feel the extent of shareholders’ participation in the election of directors is limited to the rubber-stamp process of affirmation? Explain the given statement. Actually, shareholders have limited power during the election process even though they are empowered by the statues to elect directors to oversee management. Even if the majority of shareholders oppose a corporate sponsored nominee, the person will still be elected as director. CEOs...
    517 Words | 2 Pages
  • Good Governance and Pr - 563 Words
    GOOD GOVERNANCE AND PUBLIC RELATIONS According to Hamdan Adnan (2004), as the expert in communication and relationship building, the government public relations practitioner’s role in the development and maintenance of good governance has become increasingly crucial. Governments are expected to provide high quality services that citizens appreciate or value, provide for measure and reward for both organizational and individual performance (including the introduction of Key Performance...
    563 Words | 2 Pages
  • Governance Structures and Corporate Culture
     Governance Structures & Corporate Culture Introduction This paper explores a few elements found in any healthcare organization or business organization in general, in particular, certain organizational structures and hypothetical constructs. First, consideration is given to some of the provisions of governance found in healthcare organizations. Consideration is also given to some of the possible antecedents and organizational outcomes of responsible leadership and on ethical...
    4,643 Words | 15 Pages
  • Corporate Governance in Saccos - 294 Words
    APPENDIX A: RESEARCH PROPOSAL RESEACH PROPOSAL COVER SHEET | Surname | PHILLIPS | First Name/s | LUNGILE | Student Number | 105024 | Subject | RESEARCH METHODOLOGY | Supervisor | Prof. Raga | Tutor’s Name | | Examination Venue | East London | Date Submitted | 18 – 02 - 2013 | Submission (√) | First Submission | x | .resubmission | | Postal Address | 17 INVERARY STREET | | HAVEN HILLS | | AMALINDA | | | | EAST LONDON...
    294 Words | 2 Pages
  • The Important Principles of Governance - 592 Words
    Leadership is key / Political Leadership Leadership is needed whereby honest and capable leaders are able to maintain stability in the government and make the right decisions for the country. Leaders also need to have strong moral courage and integrity to do what is right and not what is popular. Good leaders do not appear by chance, they have to be selected and groomed. A strong political leadership also needs to deal strongly with corruption to ensure that the country is governed properly....
    592 Words | 2 Pages
  • Implementation of Good Governance in Pakistan
    Good Governance in Pakistan ‘Governance’ is the exercise of power or authority – political, economic, administrative or otherwise –to manage a country's resources and affairs. It comprises the mechanisms, processes and institutions through which citizens and groups articulate their interests, exercise their legal rights, meet their obligations and mediate their differences. ‘Good governance’ means competent management of a country’s resources and affairs in a manner that is open, transparent,...
    1,109 Words | 5 Pages
  • Corporate Governance in India - 3966 Words
    THE CORPORATE GOVERNANCE PRACTICES IN INDIA By Mrs.ShilpaJain Faculty Members ICFAI National College Yamuna Nagar- Haryana INTRODUCTION: Corporate governance is defined as the system by which business entities are monitored, managed and controlled. Corporate governance practices have become an essential prerequisite for the ability to acquire and retain financial...
    3,966 Words | 13 Pages
  • Theories of Corporate Governance - 1306 Words
    Theories of Corporate Governance The philosophical foundations of corporate governance Edited by Thomas Clarke Contents Preface Acknowledgements ‘Introduction: Theories of Governance – Reconceptualizing Corporate Governance Theory After the Enron Experience’ Thomas Clarke PART 1 ECONOMIC FOUNDATIONS ix xi 1 31 34 45 ‘The Managerial Revolution in American Business’ Alfred D. Chandler Jr ‘The Impact of the Corporation on Classical Economic Theory’ Adolf A. Berle PART 2 AGENCY...
    1,306 Words | 6 Pages
  • Challenges and Best Practices in Corporate Governance
    Former Finance Secretary Jesus Estanislao once compared good corporate governance as keeping one’s house in order. Most people want well-run households, one that keeps a lid on expenses while keeping things neat and clean and takes care of the various needs of family members. In the business setting, a clean house is more attractive to prospective investors. Good corporate governance promotes transparency, accountability and responsibility. Corporate governance is not just about ethical...
    259 Words | 1 Page
  • Transparency Is Key Aspect of Corporate Governance
    The boards of directors are responsible for the governance of their companies so there has to be transparency in company reporting. Transparency is key aspect of corporate governance because of implementing corporate governance this will allow stakeholders and shareholders to review and evaluate performance of management and the company this ensures that the board of directors and the executive directors of corporations act in the best interest of shareholders and the corporations. It is...
    1,320 Words | 4 Pages
  • Corporate Governance and International Best Practices
    CORPORATE GOVERNANCE AND INTERNATIONAL BEST PRACTICES According to the institute for Corporate Governance, Dubai, CG is ‘the system by which business corporations are directed and controlled.CG has received special attention from all over the world after scandals at Enron Corporation (USA), The BCCI Bank (UK), the Harshad Mehta Share Scam (India), and Satyam Computer Services Limited (India). Furthermore, After the global financial meltdown (2007-10) it is evident that lack of stringent CG...
    541 Words | 2 Pages
  • Common Themes In Corporate Governance Scandals
    Common themes in Corporate Governance Scandals According to ACCA (2014) “Corporate governance is the system by which companies are directed and controlled”, also the corporate governance definition in the ACCA (2014) and Financial Times (2015) are quite different but similar at the same time, “How a company is managed, in terms of the institutional systems and protocols meant to ensure accountability and sound ethics. The concept encompasses a variety of issues, including disclosure of...
    891 Words | 3 Pages
  • Ranking the Key Principles of Corporate Governance
    This essay will present an opinion on ranking of the key principles of corporate governance. The topic will be covered from the perspective of Australian listed companies, which are subject to regulation by the Australian Securities Exchange (ASX). The ASX Corporate Governance Council defines corporate governance as “the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporations” (ASX 2007 p3). The latest ASX Corporate...
    1,594 Words | 5 Pages
  • A Study of Coporate Governance Among Saccos
    CHAPTER 1 INTRODUCTION 1.1 BACKGROUND Governance is the process by which a board of directors, through management, guides an institution in fulfilling its corporate mission and protects the intuitions assets over time. (principles and practices of microfinance governance, by Rachel Rock Maria Otero Sonia Saltzman). However, the success of and strength of a financial cooperative in some parts of the world shows that governance issues can be transcendence when basic principles are followed....
    5,293 Words | 16 Pages
  • Participation of Barangay Residents in Local Governance
    Contents Pages Certification Acknowledgement Dedication List of Tables List of Figures Abstract Chapter 1 The Problem Introduction Conceptual Framework Statement of the Problem Significance of the Study Delimitation of the Study Definition of Terms 2 3 4 Review of Related Literature Local Governance Activities Residents Participation Methodology Research Locale Participants Research Instrument Administration and Retrieval of the Instrument22 Scoring Procedure Statistical Treatment of Data...
    8,677 Words | 59 Pages
  • The Role of Media in Promoting Good Governance
    Good governance has been a key concept for democratic development in many countries around the world during the past few decades. Thailand is one of those which have embraced the idea. The notion of good governance was first given importance and included in the Thai national agenda in the 1990’s. At its inception, not many people, particularly those at the grassroot level, understood what it meant. There were attempts to explain this concept to the public and even attempts by community...
    1,204 Words | 4 Pages
  • Corporate Governance Convergence Practice in Japan
    Corporate governance convergence practice in Japan Introduction In recent years, there are a number of literatures with regard to the debatable and inevitable convergence in the corporate governance practices (Yoshikawa & Rasheed, 2009). In general, corporate governance convergence relate to the models of corporate governance, in which merge in practices and theoretical views especially at national or multinational level (West, 2009). West (2009) also stated that the completely convergence...
    2,640 Words | 8 Pages
  • Good Governance and Role of Public Servant
    GOOD GOVERANCE AND ROLE OF PUBLIC SERVANT Outlines: 1. Introduction 2. Definition of Good Governance 3. Characteristics of Good Governance 4. Importance of Good Governance 5. Good Governance in Pakistan 6. Public Servant and its role for Good Governance 7. Conclusion Governance is not a new concept. It is, as old as, human civilization. Governance has various forms and manifestations according to varied and diversified needs and gigantic challenges with ever...
    1,654 Words | 5 Pages
  • Good Leadership and Good Governance of a Country
    Good governance From Wikipedia, the free encyclopedia Jump to: navigation, search Part of a series on Governance Models Collaborative Good Multistakeholder Open-source Private By level Local Global By field Climate Clinical Corporate Data Earth system Ecclesiastical Environmental Higher education Information Network Ocean Political party Project Self Service-oriented...
    1,871 Words | 11 Pages
  • The-Impact-of-Mergers-&-Acquisitions-on-It-Governance-Structures
    958 The Impact of Mergers & Acquisitions on IT Governance Structures: A Case Study Pauline O. Chin Florida Atlantic University, USA George A. Brown Technologies Consultant, Jamaica Qing Hu Florida Atlantic University, USA Chapter 2.32 ABSTRACT Developing information technology (IT) governance structures within an organization has always been challenging. This is particularly the case in organizations that have achieved growth through mergers and acquisitions. When the acquired...
    1,053 Words | 4 Pages
  • Factors Affecting Good Governance in Pakistan
    European Journal of Scientific Research ISSN 1450-216X Vol.35 No.3 (2009), pp.337-346 © EuroJournals Publishing, Inc. 2009 Factors Affecting Good Governance in Pakistan: An Empirical Analysis Imran Sharif Chaudhry Associate Professor, Department of Economics Bahauddin Zakariya University Multan, Pakistan E-mail: Shahnawaz Malik Professor and Chairman, Department of Economics Bahauddin Zakariya University Multan, Pakistan E-mail:...
    5,795 Words | 16 Pages
  • Topic 3 Corporate governance 2015
    Corporate governance – Intended learning outcomes Students should be able to  Identify different forms of corporate governance  Evaluate the influence of organisational stakeholders on a firm’s purposes and performance  Conduct stakeholder mapping Exhibit 4.1 Influences on strategic purpose Corporate Governance Corporate governance refers to the influence and power of the stakeholders to control the strategic direction of the organisation (Lynch, p.362) The chain of corporate...
    467 Words | 7 Pages
  • Democracy and Good Governance: Nigeria's Dilemma
    DEMOCRACY AND GOOD GOVERNANCE: NIGERIA’S DILEMMA Ilufoye Sarafa Ogundiya Department of Political Science Usmanu Danfodiyo University, Sokoto, Nigeria E-mail:, Abstract Despite its enormous resources and huge potentialities, Nigeria remains grossly undeveloped. Consequently, political instability, abject poverty, acute youth unemployment, heightened crime rate, poor health prospects and widespread malnourishment have been the main features of...
    7,271 Words | 24 Pages
  • A Call for Good Governance: Legacy of Jessie Robredo
    A Call for Transparency, Accountability and Good Governance By: Rex Bernardo, 2011 Young Global Leader Fellow Rationale: “The legacy of heroes is the memory of a great name and the inheritance of a great example.” – Benjamin Disraeli In the light of the Interior and Local Government Secretary Jesse Robredo’s reform agenda that focused on service to the people, it is our turn to paid tribute to his legacy by protecting and demanding the good governance initiatives that he had...
    1,035 Words | 4 Pages
  • The Impact of Corporate Governance on Firm Performance in Mauritius
    Introduction Corporate governance is a field in economics that investigates how to secure/motivate efficient management of corporations by the use of incentive mechanisms, such as contracts, organizational designs and legislation. This is often limited to the question of improving financial performance, for example, how the corporate owners can secure/motivate that the corporate managers will deliver a competitive rate of return. (Mathiesen, 2002). Another definition is "Corporate...
    923 Words | 4 Pages
    BUSINESS ETHICS AND CORPORATE GOVERNANCE Assignment on RELEVANCE AND IMPORTANCE OF CORPORATE GOVERNANCE IN FAMILY OWNED BUSINESSES BY Abhijith Sudesh Gujaran FSB 2013003061 Family-Owned Businesses Family-owned businesses are the spine of many economies around the globe and their sustainability is crucial to global economic growth. Many of the world’s greatest corporations were started and are still run by family lines. In fact, some of the largest publicly listed companies are family-owned,...
    2,062 Words | 7 Pages
  • Democracy and Good Governance Is a Coin of the Same Side. Discuss
    NAME: EVANS KWAME ADJEI COURSE: POLI 101 DEMOCRACY AND GOOD GOVERNANCE ARE TWO SIDES OF THE SAME COIN.DISCUSS Good governance is an indeterminate term used in development literature to describe how public institutions conduct public affairs and manage public resources in order to guarantee the realization of human rights. It also can be said as the competent management of a country's resources and affairs in a manner that is open, transparent, accountable, equitable and responsive to...
    739 Words | 3 Pages
  • Beyond the Moral Panic: the Good Governance Option to Youth
    Beyond the Moral Panic: The Good Governance Option to Youth Socio-Economic Empowerment in Nigeria By Toyin Abe Department of Political Science University of Ado-Ekiti Ekiti State, Nigeria Email: Phone: +234-803-860-9848 Abstract The protracted economic crisis that plaque Nigeria since the early 1980s has impacted negatively on the well-being of youth in the country. The situation is...
    7,184 Words | 20 Pages
  • Impact of Information Technology on Corporate Governance and Financial Reporting
    IMPACT OF INFORMATION TEHNOLOGY ON CORPORATE GOVERNANCE AND FINANCIAL REPORTING 1.0 INTRODUCTION The introduction of the computer and advent of the Internet has changed the way we live in the modern world. This spans across every aspect of human life. Modern innovations have led to the description of the age in which we live as “the Information age”. Information technology and management therefore plays a vital role to the extent that timely access to Information could save a life while...
    10,380 Words | 30 Pages
  • Good Governance Strengthens a Nation’s Moral Fabric
    Good Governance strengthens a nation’s moral fabric Majyd Aziz At the outset, we have to determine what we mean by good governance. A simple definition I found out is that it is the process of decision-making and the process by which decisions are implemented or not implemented. Taking that as a start and putting on my cap as a citizen of this nation, I can state with all merit at my command that good governance has become a rhetorical slogan noticeably devoid of any substance. I do not...
    2,107 Words | 7 Pages
  • Corporate Governance - Cost Benefit Analysis of Sarbanes Oxley
    THE BENEFITS OF SARBANES-OXLEY AND CORPORATE GOVERNANCE MEASURED AGAINST THE COSTS Salim Motala A research project submitted to the Gordon Institute of Business Science, University of Pretoria, in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure, and is aimed at increasing investor confidence in public companies by forcing...
    18,721 Words | 73 Pages
  • Problems Associated with Ngo's Undertaking Governance Functions
    What advantages and problems are associated with NGOs undertaking governance functions? Non-Governmental organizations (NGO) are non-profit organizations created by communities or legal entities without government participation or representation. NGOs effectiveness is portrayed by its governance functions. The advantages associated with NGOs undertaking governance functions are based on their influence in their regional states and also internationally. The threat of nation state failure makes...
    1,054 Words | 3 Pages
  • Reaction Paper on Economic Forum on Philippine Governance
    Our country has great potential for mining developments. It was also mentioned by Dr. Habito that mining has contributed significant economic growth for the country. I am working in a mineral exploration company, and I have witness the mining investments flourished when the government made structural changes to the mining laws. More mineral exploration companies opened acquiring mining tenements and pouring in million of investments. Not only that, we generated employment and uplifted the lives...
    472 Words | 2 Pages
  • Critical Analysis: Implementation of Csr and Good Governance
    Implementation of CSR and Good Governance A Critical Analysis   Practice of socially responsible actions is an indicator of good governance. Governance is about the relationships among shareholders, and in between management and equity holders. Theoretically speaking, corporate social responsibility (CSR) is about the corporation’s relationships with the rest of the world, including its employees and the society within which it operates. The implementation of corporate...
    919 Words | 3 Pages
  • A Model of Governance and Accounting Systems in Africa PhD Proposal
    A MODEL OF GOVERNANCE AND ACCOUNTING SYSTEMS IN AFRICA PROPOSAL FOR PHD IN ACCOUNTING AND FINANCE RESEARCH OBJECTIVES This research, which is motivated by the desire to understand the implications of the ongoing World Bank reforms, examines the role of accounting systems in governance improvements in Africa. The overall objective is to develop a model that will help explain the relationship between accounting systems and governance systems in Africa. The specific objectives of the study are...
    2,438 Words | 11 Pages
  • current events in the philippines and how it affects good governance
    There are several current issues in the Philippines, let’s just say in economic, political and government conditions, education, environment,health, socials and many more. Every day, we watch on television, we hear from radios, read from newspapers and in the internet the continuous news of corruption of some politicians is the most trending issue. The scandalous pork barrel scam is history in the making. It is the biggest problem now a days in the government, imagine how many senators,...
    362 Words | 1 Page
  • Humanities and Good Governance: Reflections from Igbo Poetry.
    3,824 Words | 11 Pages
  • Corporate Governance Mechanism: The Effect on the Quality of Nigeria Money Bank
    THE EFFECT OF CORPORATE GOVERNANCE MECHANISM ON THE QUALITY OF EARNINGS AMONG NIGERIAN DEPOSIT MONEY BANKS BY OZIWELE JAMES ISAAC Being Seminar Paper presented to the Department of Accounting, Ahmadu Bello University, Zaria in partial fulfillment of the requirements for the award of Ph.D in Accounting and Finance Abstract This paper examines whether corporate governance mechanism variable – Board Size, Board Composition, Ownership Concentration, Institutional Shareholders,...
    7,638 Words | 22 Pages
  • Corporate Governance and Financial Reporting in the Nigerian Manufacturing Industry: an Ethical Perspective
    CHAPTER ONE 1.1 BACKGROUND TO THE STUDY The original need for corporate governance stems from the separation of ownership and control in publicly held companies in the 19th century, it is pertinent at this point to note that this separation has brought about overzealous managers and passive owners. Investors seek to invest their capital in profit-making firms so that they can enjoy these profits in the future. Yet many investors lack the time and expertise necessary to operate a firm and...
    28,989 Words | 90 Pages
  • The Value of Excess Cash and Corporate Governance Evidence from Us Cross Listing
    Journal of Financial Economics 98 (2010) 359–384 Contents lists available at ScienceDirect Journal of Financial Economics journal homepage: The value of excess cash and corporate governance: Evidence from US cross-listings$ ´ Laurent Fresard a,Ã, Carolina Salva b,1 a b HEC School of Management, 1, Rue de la liberation, 78351 Jouy-en-Josas, Paris, France University of Neuchatel, Pierre-a-Mazel 7, 2000 Neuchˆtel, Switzerland a a r t i c l e in fo...
    25,653 Words | 71 Pages

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