Conclusion for Good Governance Essay Sample.
Conclusion for Good Governance 12 December 2016 Poor governance leads to, and encourages and breeds, corruption in a number of ways, for instance through bribery and extortion, nepotism and fraud and embezzlement, It reduces the efficiency on which an economy depends, and by increasing the cost of investment, lowers the potential return.
Fifthly good governance is responsive, and requires that processes and those in charge of those processes try as best they can to serve the stakeholders in a within a reasonable timeframe. Sixthly good governance must be both effective and efficient.
But today in this 21 st Century sadly it is very difficult to find countries and states with good governance. The simplest proof of good governance is found in a state or a country if poverty and illiteracy is absent. But we are all aware of the fact that poverty and illiteracy has not yet been diminished from the developing and under- developed countries.
Good governance is fundamental to demonstrating and ensuring reliability and integrity to shareholders and the community. At GGI, we are clear that governance is a facilitative force rather than a burdensome bureaucracy, and one that is crucial in supporting those who run organisations to take the best decisions for their stakeholders.
According to UNESCAP, good governance has 8 characteristics namely; Accountable, Transparent, Responsive, Equitable and Inclusive, Effective and Efficient, Follows the rule of law, Participatory and Consensus Oriented which will described below. 2.3.1.1 Accountability.
Good Governance Essay The concept of governance is as old as human civilization. In their 2002 article, “Comparing Governance across Countries and Over Time,” Goran Hoyden and Julius Court note that there are those who view governance, on the one hand, “as concerned with the rules of conducting public affairs, and on the other, those who see it as steering or controlling public affairs.
THREE ESSAYS IN CORPORATE GOVERNANCE. by Vishaal Rabindranauth Anand Baulkaran BBA, University of New Brunswick, 2004 MBA, University of New Brunswick, 2006 DISSERTATION Submitted to the School of Business and Economics in partial fulfillment of the requirements for Doctor of Philosophy in Management Wilfrid Laurier University 2010.
Good Governance through the different corollaries of its umbrella like compliance, rule of law and accountability among others are used to provide evidence that the Government is being fair, reasonable and making sound use of resources in its outcomes.
According to Michael Johnston, Good governance is: “A competent management of a country’s resources and affairs in a manner that is open, transparent, accountable, equitable and responsive to people’s needs.” 9 For good governance, the presence of five variables is mandatory.
In general, good governance means such an ideal governing system that is expected for political, social, economic, cultural and human development of a nation. This system operates a state most efficiently to achieve self-reliance, social justice and sustainable development.
Good governance in the context of countries is a broad term, and in that regards, it is difficult to find a unique definition. According to Fukuyama (2013), there are two dimensions to qualify governance as good or bad: the capacity of the state and the bureaucracy's autonomy.
For your use, we have included some useful governance templates that are in our suite of governance documentation templates. To download, please click on the links below. Board Dispute Resolution Policy. Board Meeting Agenda with In Camera Session Template. Board Papers Template. Board Charter Table of Contents. Board Calendar Template.
Good Governance is equivalent to purposive, development oriented, citizen friendly, citizen caring, participatory and responsive public management committed to improvement inequality life of the people. Good Governance has become the major buzz word in aid policy and development thinking today.
