basic principles of good governance ppt

This work seeks to provide useful guidance to boards, acknowledging that climate governance is both integral to basic good governance and fraught with complexity. All the participants using the data must be truthful and forthcoming across all decisions . History and Basic Concepts of CG A. Starting point: Basic Universal Principles of Good Governance of the Olympic and Sports Movement 1. Have you ever wondered what corporate governance is? 5.3 Principles of good governance There are a variety of conceptual frameworks that seek to identify the attributes of good governance. +1 (868)285-9JOB/ +1 (868) 293-0678 #143 Wrightson Road, Port of Spain, Trinidad & Tobago WI. Shariah as the Supreme Law. Good corporate governance ensures market performance and economic development. Thus legitimacy in the Islamic political order comes first and foremost from accepting Allah Taala as the Sovereign and His Law, i.e. This module covers the basic elements and components of forest governance and explores the ways in which governance affects the implementation of sustainable forest management (SFM). Whether your application is business, how-to, education, medicine, school, church, sales, marketing, online training or just for fun, PowerShow.com is a great resource. Good governance underpins good conduct and the good judgement of those who are charged with running an organisation. Good governance does not guarantee long term success, however the "highway of business failure" is littered with the carnage caused by poor governance. characteristics of good governance. Transparency, as one of the basic principles of good governance, implies the public insight in the work of Public Administration Bodies. The booklet provides best practice guidance for those responsible for managing data of a geographic nature. Good governance has 8 major characteristics. The core principles of sound corporate governance include Fairness, Accountability, Responsibility & Transparency. Currently looking for a job. The main headings state generally accepted Principles of nonprofit governance. 1. recognized tools to cope with the development agenda is the good governance. Corporate governance is carried out in accordance with the Company's Corporate Governance Code and is based on the following principles: Accountability. Also, citizens should be familiar with the regulat GOOD GOVERNANCE Good governance is defined as the complete set of principles or rules that have to be developed with the passage of time for meeting new challenges in various areas such as quality, commerce, reputation, risk, probity, accountability and finance (Charity Commission, 2010). Whilst the formal Corporate Governance Code applies to all listed companies, many local business owners now recognise the benefits of applying the 'best practice' set out in the Code, to the systems that direct and control their companies. 8 Good Governance Principles - for leaders and institutions 1. Since Business Roundtable last updated Principles of Corporate Governance in 2012, U.S. public companies have continued to adapt and refine their governance practices within the framework of evolving laws . LEARNING OBJECTIVE: At the end of this presentation, it is expected that the participants will be able to : UNDERSTAND THE CONCEPTS OF GOVERNANCE AND GOOD GOVERNANCE 3. fraud, and developing a culture of good governance. Colditz "The Duties of the School Governing Body - Basic Principles of Good Governance" 2007 www.fedsas.org.za. The principles of good governance are effective in post-conflict and divided societies as a neutral and practical set of measures meant to advance the rebuil-ding of the nations and to re-set a vital connection between the civil society and the state institutions. Governance Basics • Foundational Principles of Effective Governance • Code of Conduct • School Board Member Opportunities and Expectations The . These 12 principles can be summarized through five core values and seven core behaviors common among leaders -- whether in business, in government, on the sports field, across education, in non-profit organizations, and in the home. Good governance: Good governance is about making good policy choices, setting strategic direction and good execution of these policies for the benefit of the smallholder farmers in each respective ESAFF member country. 'basic charter of the state's identity', which plays 'a key role in representing the ultimate goals and shared values that underpin the state' (Lerner 2011: 18). Good governance has a variety of important characteristics, and it can mean different things to different people. 12 Principles of Good Governance: Participation, Representation, Fair Conduct of Elections Responsiveness Efficiency and Effectiveness Openness and Transparency Rule of Law Ethical Conduct Competence and Capacity Innovation and Openness to Change Sustainability and Long-term Orientation Sound Financial Management Transparency can help inhibit corruption. The principles of good governance are effective in post-conflict and divided societies as a neutral and practical set of measures meant to advance the rebuil-ding of the nations and to re-set a vital connection between the civil society and the state institutions. Our suggestion is to get back to the fundamental principles of good governance which board members should bear in mind in carrying out their responsibilities. The module addresses why it is important for forest managers to know about forest governance and provides guidance on what they can do to enable good forest . The six OECD Principles are: Ensuring the basis of an effective corporate governance framework. Lesson 1 presents the basic discussions to introduce the nature, concept and theoretical framework of governance. combating corruption. World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. Accountability, transparency and control 5. The WHO building blocks of a health system states that governance and leadership includes "ensuring strategic policy frameworks exist and are combined with effective oversight, coalition-building, regulation, attention to system-design, and accountability". 2. Good governance is , among other things , participatory , transparent and accountable.It is also effective and equitable . 8 Principles of good governance in the public sector. Corporate Governance Advantages. This module covers the basic elements and components of forest governance and explores the ways in which governance affects the implementation of sustainable forest management (SFM). A company that follows the hardcore core fundamentals of good corporate governance will generally surpass other companies in terms of financial advancement. The board is responsible for governance. It is participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitabl. Very few countries and societies have come close to achieving good governance in its totality. This all happens together, as a group, through group dialogue, at board meetings. Good Corporate Governance PRESENTATION OVERVIEW 1 2. . If their means and goals are ethical, then the integrity of data is maintained. The role of stakeholders in corporate governance. Good governance is not about making „correct‟ decisions, but about the best possible process for making those decisions. Mon - Sat 8.00 - 18.00. Principles for Public Management Practice: From Dichotomies to Interdependence MARTHA S. FELDMAN* AND ANNE M. KHADEMIAN**1 In this essay we explore the relationship between management practices and a basic governance dilemma: how to manage flexibly and accountably. The rights of shareholders and key ownership functions. * It includes the authority, accountability, leadership, direction and control exercised in an organisation. The good governance indicators are applicable in different sectors and can be adapted to assess the governance of public services on municipal level. This is a partnership between the Ateneo Graduate School of Business-Center for Continuing Education and the Gov Jose B. Fernandez, Jr. Ethics Center. We need principles to make sure that the integrity and the efficiency of the processes are maintained in a way there is no sense of ambiguity and miscommunication is avoided at all times. Disclosure and transparency. lacking. Basic principles 1. Good governance has 8 major characteristics. However, to ensure sustainable human development, actions must be taken to work towards this ideal with the aim of The reason why the basic principles of good gover- Remember, just because an action is legal doesn't mean it's ethical.. Business Roundtable has been recognized for decades as an authoritative voice on matters affecting American business corporations and meaningful and effective corporate governance practices. The Commission of the European Communities has contributed to the discourse on good governance through a publication entitled, European Governance: A White Paper. Good governance will also ensure that the various support Good governance is hinged on the capacity to exercise power and to make sound decisions over a period of time in economic, social and environmental areas (World Bank 2005). Vision, mission and strategy 2. Clarification of objectives and administrative structures 3. Introduction. There is a multitude of benefits arising out of good governance . In general, good governance is perceived as a normative principle of administrative law, which obliges the State to perform its functions in a manner that promotes the values of efficiency, no corruptibility, and responsiveness to civil society. good governance is an ideal which is difficult to achieve in its totality. A good mix of people who can constructively challenge each other in the board room can help businesses to make meaningful decisions in rapidly changing markets. Each Principle is explained in detail, with implementation guidance in the form of good practice recommendations (each a Recommendation). These principles are intended to provide a basic framework for sound, long-term-oriented governance. The equitable treatment of shareholders. governance framework and policies in place, this document outlines a next step—moving governance to the level of people's day-to-day job responsibilities. . The basic principles of corporate governance include: Corporate Governance Principles Acting ethically & responsibly Ensuring transparency & accountability Recognising and managing risk Ensuring correct managerial composition & structure Strong quality management framework Clearly defined purpose and strategy 3 4 20/04/2021 3 Good governance has 8 major characteristics.'It is participatory, consensus-oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows . This presentation has been used by Associations, private business and not-for-profit Boards of Directors to define corporate governance and the role of the . . Accountability Responsibility, and Transparency. Groups and individuals that hold positions of power must have a sense of accountability and a mode of checks and balances if they want to govern successfully. Responsive HNN NPA Good Governance Field Manual for Co-management committees • Identify the institutional bodies in their communities and create sustainable linkages with HNN NPA authorities • Identify themselves with the good governance principles and recognize the additional value for their livelihood activities etc. It reduces the cost of energy. In this video, we introduce the basics of corporate governance. Defining Good governance. Accountable Public officials must be answerable for government behaviour, and be responsive. Foundational Principles of Effective Governance . By encapsulating good practice within seven fundamental principles, the emphasis of this International Framework is to support application of good practice principles rather than provide guidance on specific governance measures. It can be used as a mechanism to create applicable processes, systems and controls as well as the appropriate behaviour to ensure sustainability and long term continuity in an — Fairness Solidarity and development 6. 4 Graham, J., B. Amos and T. Plumtre. 12. Good governance is , among other things , participatory , transparent and accountable.It is also effective and equitable . They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's audiences expect. Investor trust is maintained by sound corporate governance, enabling a business to raise capital efficiently and effectively. While the government is not obliged to substantively deliver any . Goal-oriented competencies and skills development 5. Governance is the process by which corporations establish their rules and policies and implement and monitor them. GREAT EXPECTATIONS Board Tune Up Kit * * Running Order such as it is The "G" word 5 out of 6 ain't bad….. Fergie's hairdryer ….. but 6 out of 6 is better * The "G" word Subsidiarity - within parameters Governance Regulator(s) Fear - compliance - over involvement The Code * This Code first issued 2009 - Second (current) edition was issued October 2010 and remains in force. THEORY OF CHANGE A theory of change describes how an intervention will deliver the planned results. It is participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows the rule of law. 6 The Healthy NHS Board, 2013: Principles for Good Governance Purpose of this guidance 2 This document sets out the guiding principles that will allow NHS board members to understand the: • Collective role of the board including effective governance in relation to the wider health and This document assumes that readers are broadly familiar with recent FSI regulatory developments and with key principles of governance, including those Deloitte has Basic Principles of Governance There are three elements to good governance, namely the requirements for independence clarity transparency 1. Highest level of competence, integrity and ethical standards 4. . 2003. It is therefore a principle that is largely associated with statecraft. A causal/result chain (or logical framework) outlines how the sequence of inputs, activities and outputs of a programme will attain specific outcomes (objectives). It defined Good Governance as "the manner in which power is exercised in the management of a country's economic and social resources for development". The aim of this paper is to give an overview on the issues of the sustainable development and to outline the link between good governance dimensions and selected indicators of development. The basics of good governance 11 May 2021 Good governance boils down to a few basic principles, which are worth revisiting regularly - particularly at times of great challenge or change. Watch this video or check out the full c. Dickson (2011) asserts that if the sectors (power, education, health, manufacturing, etc) in Nigeria are expected to work, then, Nigeria needs good governance so as . booklet complements The Principles of Metadata Management also published by IGGI. For any comments, questions or suggestions concerning the Boardroom Perspective please contact the Corporate Affairs Division of the OECD at: A new pragmatic and results-oriented framework 2. Intelligent political strategies and engagement 4. The framework of food-energy-water nexus governance is based on a cohesive set of nine principles, including . Reading Time: 2 minutes Like every aspect of management, even corporate governance has a certain set of principles. The module addresses why it is important for forest managers to know about forest governance and provides guidance on what they can do to enable good forest . Managers must respond flexibly These Integrity is the most important principle. identified 12 principles of leadership that stand out among the greatest leaders worth following. The basic principles of corporate governance explained: Ethics -the discipline dealing with what is good and bad and with moral duty and obligation. And it promotes the rule of law . What is Corporate Governance? The board exists to gather together, talk about information vital to organizational health, and take action. Citizens should be enabled to inspect the work of the public administration as well as the availability of instruments for monitoring the decision-making process. BUILDING AN EFFECTIVE FRAMEWORK IN GOOD GOVERNANCE 2. This document articulates eight core principles that the ASX Corporate Governance Council believes underlie good corporate governance (each a Principle). governance guidance is not necessarily sufficiently detailed or nuanced for effective board governance of climate issues. Therefore, the two cardinal principles of governance as laid down by the Qur'an are: first, sovereignty belongs to Allah Taala and second, the popular vicegerency belongs to all believers. Good governance is considered a core component of resilient health systems, and while governments are the primary drivers of . Good governance or democratic governance is, in effect, a concept, or rather a practice, the implementa-tion of which is fundamental in allowing countries receiving international aid to take control of their politi-cal, economic and social development effectively. The challenge is both practical and theoretical. Transparent Information needs to be made available to the general public for clarity on government decisions. it is extremely important to implement basic principles of good corporate governance which can be well understood across borders. When navigating an ethical dilemma, do you ask yourself simply whether the action you want to take is legal?. Corporate Governance Principles and Practice Kabir Tahir Hamid, B.Sc., M.Sc., PhD., MBA, CPA, ATM, FCIFC, FCDRPN Department of Accounting Bayero University, Kano-Nigeria GSM: 08028376563, 08168743809 Email: khtahir2004@yahoo.com Being a Paper Presented at a Workshop for Staff of the Federal Mortgage Bank of Nigeria at Green Desert Palm Hotels Limited Kano, on Monday 11th November 2013 1 . Policy Brief No. Good is a term used with great flexibility; Depending on the context, good governance has been said at various times to encompass: full respect of effective participation, human rights, the rule of law, multi-actor partnerships, and accountable processes, political pluralism, transparent and institutions, an efficient and effective public sector, legitimacy, access to . It is lean, transparent and ethical, focused on tackling operational challenges in ways that complement the big picture vision. Winner of the Standing Ovation Award for "Best PowerPoint Templates" from Presentations Magazine. Therefore, for the purposes of this study, we have used these indicators as a framework for assessing good governance in education sector. The responsibilities of the board. Independence Independence from states/government means: The EBMO is a non-aligned, apolitical organization; It does not depend on state funding for its functioning. Be just, this is closest to piety (Quran, Al-Maidah, 5:8) Islamic view of good governance is qualitative and not mechanical. The reason why the basic principles of good gover- Maintaining the Integrity of the Data. The role ofethicsin corporate governance refers to the manner in which ethics are 15 - Institute On Governance, Ottawa, Canada, p.3 Major features of good governance can be précised under seven . Structures, regulations and democratic process 3. Service provision different forms and in different degrees, in different forms and in different forms and in degrees. Good governance ensures that political , social and economic priorities are based on broad consensus in society and that the PowerShow.com is a leading presentation/slideshow sharing website. There are 5 key principles forming the core for the governance under the Code. These attributes of good governance are ultimately reflected in the extent to which the security and prosperity of individuals is being well-served by their governments. have served as the Illinois Association of School Boards' primary document to explain the role of school board members in their district. The Key Principles of Public Sector Reform The CWGPA endorsed the following key guiding principles: 1. And it promotes the rule of law . Experimentation and . The initiative refl ects the importance that the OECD attaches to the private sector as a force in implementing good corporate governance. BASICS OF CORPORATE GOVERNANCE PROGRAM OUTLINE I. The share price has a positive effect. can practice good corporate governance in reality. Principles for Good Governance in the 21st Century Policy Brief No.15 Policy Brief By John Graham, Bruce Amos and Tim Plumptre ii The contents of this paper are the responsibility of the author(s) and do not necessarily reflect a position of the IOG or its Board of Directors The Institute On Governance (IOG) is a non-profit organization founded in 1990. A governance model of implementation is also explored as a theoretical alternative that offers the potential to synthesize disparate models and bring networks into the governance paradigm. Specifically, it considers the benefits, drivers, principles and mechanisms needed for good data management. There is no single model of good corporate governance. 2. Also, the paper investigates the requirement for good governance. Whether the data you have, is being used in the right way depends on the entity using it. establishing a benchmark for good governance in the public sector. Good governance adds value. If you have committed to a career in the public sector, you've also committed to acting in the public interest at all times. Guiding principles of good governance Corporate governance refers to the framework of rules, systems and processes put in place to control and monitor - or "govern" - an organisation. At a bare minimum, good governance with accountability and transparency is a foundation for peace and stability, without which all of societies' greater aims cannot be achieved. 1. Governance is essentially about e˚ective leadership. 3. The board is a collective and only has authority as a group. The following ten principles provide a useful starting point for corporations when considering what constitutes good governance: Structure and composition - An executive committee needs to have the right group of people, having particular regard to each individual's background, skills and experience, and how the addition of an individual . This handbook offers several different types of information. of democratic governance. Sunday CLOSED These principles are the point of reference for Guidelines for good governance, set forth in the sub-headings and elaborated in the accompanying text. Good governance ensures that political , social and economic priorities are based on broad consensus in society and that the The result is a set of principles and questions to guide The Code provides for accountability of the Company's Board of Directors to all shareholders in accordance with applicable law and provides guidance to the Board of Directors in making . Corporate governance is most effective when Directors share a common definition of corporate governance, the Board's governance role and the key building blocks for achieving effective corporate governance. Let us discuss all these principles one by one. Corporate governance through the history Presentation of a balanced and simple analysis of the company's orientation and prospects. Requirements for participation . THE CONCEPT OF GOVERNANCE EFFECTIVE CITIZEN PARTICIPATION ARE INDEED PRACTICES REGARDING GOOD GOVERNANCE 4. COMMONSENSE PRINCIPLES OF CORPORATE GOVERNANCE 1 The following is a series of corporate governance principles for public companies, their board of directors and their shareholders. Principles for Good Governance in the 21st Century. Good Governance , concept - PowerPoint PPT presentation. It provides a collective vision of what might be considered a good society based on the common values and aspirations of a homogeneous community. The choice of which path to follow is yours to make. Basic principles of monitoring and evaluation 3 2. The accessibility reveals nexus governance works as a cohesive system of principles. • Understand basic management principles applying to individuals, small and large organizations • Grasp the basics of management functions • Appreciate the ideal characteristics of a good manager • See the importance of knowledge of self when viewing management skills • Recognize professional skills required of managers This section draws on the attributes of good governance identified by the United Nations Development Programme (UNDP), 13. and adds the concept of stewardship, which is a core public health function of .

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