governance

Examples of governance in the following topics:

• The Challenge of Ethics and Governance

  • Ethics is at the core of corporate governance, and management must reflect accountability for their actions on a global community scale.
  • First and foremost in corporate governance is the strict adherence to business ethics on a professional level.
  • Banks eliminated certain rules and regulations (though the government did as well), allowing employees to sell mortgages that were unlikely to be repaid.
  • Management is at fault for this oversight; it was a failure in corporate governance.
  • Explain the role of management in setting strategic governance policies that conform to ethical and legal standards

• Whistleblower Protection

  • A whistle-blower is a person who tells the public or someone in authority about alleged misconduct occurring in a government department, private company, or organization.
  • The Whistleblower Protection Act safeguards government employees from management retaliation.
  • Outline the methods with which the U.S. government seeks to protect whistle-blowers to maintain an equitable workplace

• External Stakeholders

  • External stakeholders of a company include customers, clients, distributors, wholesalers, retailers, suppliers, partners, creditors, communities, governments, labor unions, competitors, and the general public.
  • For instance, a local government may reward tax incentives to a business that makes a commitment to hire local workers.

• Accountability in Teams

  • Governing authorities have the obligation to report, explain, and answer for resulting consequences of their actions.

• Social Responsibility Audits

  • This type of accounting originated in the early 1990s and is known by various names, including social accounting, sustainability accounting, CSR reporting, environmental and social governance (ESG) reporting, and triple-bottom-line accounting (encompassing social and environmental as well as financial reporting).
  • An audit for economic and governance responsibilities might look at transparency and the use of practices such as independent board members and separation of the roles of CEO and board chairman.

• The Importance of Accountability

  • As an aspect of governance, accountability has been central to discussions related to problems in the public, non-profit, and corporate sectors.
  • In leadership roles, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employee position.
  • Governing authorities have the obligation to report, explain, and answer for resulting consequences of their actions.

• Impression Management

  • There are several motives that govern impression management.
  • There are a range of factors governing impression management.
  • A person's goals are another factor governing impression management.

• Culture and Ethics

  • Culture reflects the moral values and ethical norms governing how people should behave and interact with others.

• Social Innovation

  • On occasion, it also overlaps with innovation in public policy and governance.
  • Social innovation can take place within the government sector, the for-profit sector, the nonprofit sector (also known as the third sector), or in the spaces between them.

• Defining Ethics

  • Professional organizations, such as the American Medical Association, and licensing authorities, such as state governments, set and enforce ethical standards.