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
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boards‚ corporate governance is of very high importance as the independent non-executive directors can exert less influence over the board‚ compared to non-family-controlled boards (“dispersed boards”). Keywords: Board composition‚ Remuneration‚ Corporate Governance. 1. INTRODUCTION The economic turmoil in Asia in 1997 has led to a wider recognition of the importance of corporate governance. In line with global trends towards higher standards of corporate governance‚ the duties and
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Corporate Governance Case Studies Edited by Mak Yuen Teen Foreward Strong corporate governance and transparency are critical for business success. For investors‚ good governance is a good indicator of wellmanaged‚ resilient businesses. For companies‚ a measure of success is the ability to internalise the values‚ spirit and purpose behind governance rules. While the governance standards in Singapore have brought us to where we are today‚ we have some way to go if we want to be seen as leaders
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statement of the problem‚ research questions and significant of the study. 1.0 Background of the Studies According to World bank‚ NGO’s are defined as private organizations that pursue activities to relieves suffering‚ promote the interest of the poor‚ protect the environment‚ provides basic social services‚ or undertake community developments( World Bank criteria defining NGO‚2007). Historically‚ Non-Governmental Organization at international level have a history dating back to at least 1839.It
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THE INFLUENCE OF AN NGO ON TRIBAL DEVELOPMENT : CASE STUDY ON WEST BENGAL‚ SHANTINIKETAN INTRODUCTION The tribals or the “Adivasis” (in Devanagari script)‚ literally “original inhabitants”‚ comprise a substantial indigenous minority of the population of India‚ officially recognized by the Indian Government as “Scheduled Tribes” in the fifth schedule of the Constitution of India. India accounts for about one-fourth of the world tribal population (according to the 1991 census). Tribal population
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One.Tel and its corporate governance issues Table of contents Introduction One.Tel collapse Impact of One.tel collapse Legal proceedings against One.tel’s directors Things can be learnt from One.tel’s failure Conclusion Introduction Lack of proper corporate governance can be a disaster for campanies. In recent years‚ major Australian companies such as HIH‚ One.tel and Harris Scarfe failed under dramatic and high profile circumstances. As a result‚ executive and non executive directors
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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 corporations
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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‚ processes
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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
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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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