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Over the past years, we have heard and read plenty about how executives should behave more responsibly in the light of corporate governance. Despite all these efforts, many implementations of corporate governance provide no protection from potentially catastrophic ethical failures. This book emphasizes the introduction of a new corporate governance blueprint for addressing these concerns in a more authentic, organic and holistic way. It is a roadmap toward a high-performance ethical culture. By way of this innovative system, Dr. Hubert Rampersad and Saleh Hussain, MBA, are launching a revolutionary concept that actively has human capital embedded in corporate governance in a manner that creates a stable basis for the personnel's trustworthiness, integrity, and engagement and ethical corporate excellence. Featuring numerous case examples and practical tools and exercises, this book will help the reader learn to: Develop, implement, and cultivate authentic personal governance and corporate governance effectively Create conditions for sustainable corporate governance Increase their personal effectiveness Develop their personal integrity effectively and become a better human being Develop ethical personal leadership Develop a highly engaged workforce, based on high ethical standards Create a high-performance culture and enhance the competitiveness of their organization Create conditions for an organizational climate marked by self-guidance, creativity, passion, and ethical behavior Develop a culture in which personal integrity and business ethics is a way of life.

This sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions in December 2012, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland. The report finds that while risk-taking is a fundamental driving force in business and entrepreneurship, the cost of risk management failures is often underestim

Colombia has undergone profound change over the last ten years and has made significant progress in implementing its governance agenda with policies that aim to strengthen its institutions and promote sustainable, inclusive growth in all regions of the country. The Public Governance Review therefore offers advice to help Colombia address its governance challenges effectively and efficiently over time. It provides an assessment and recommendations on how to improve its ability to set, steer, and implement multi-year national development strategy. The Review addresses centre-of-government co-ord

This review examines humanitarian governance, defined as the increasingly organized and internationalized attempt to save the lives, enhance the welfare, and reduce the suffering of the world's most vulnerable populations. Political scientists and international relations scholars are only now beginning to explain this rapidly growing global governance of humanity, which is particularly evident in the developing literatures on humanitarian intervention, emergency relief, peacebuilding, and refugee protection. As they increasingly engage this relatively unexplored area of global life, political scientists are using the familiar analytics of the global governance literature to explain the origins, design, and effectiveness of this collective activity. This essay, though, interjects an alternative perspective, one that draws from critical theory, to widen the research agenda of the study of humanitarian governance. Specifically, the essay raises six central questions: What kind of world is being imagined and produced? What accounts for the tremendous growth of humanitarian governance over the last century? Who governs? How is humanitarian governance organized and accomplished? What are the principal techniques of control? By what authority do humanitarians govern and what do they do with that authority?

This review examines humanitarian governance, defined as the increasingly organized and internationalized attempt to save the lives, enhance the welfare, and reduce the suffering of the world's most vulnerable populations. Political scientists and international relations scholars are only now beginning to explain this rapidly growing global governance of humanity, which is particularly evident in the developing literatures on humanitarian intervention, emergency relief, peacebuilding, and refugee protection. As they increasingly engage this relatively unexplored area of global life, political scientists are using the familiar analytics of the global governance literature to explain the origins, design, and effectiveness of this collective activity. This essay, though, interjects an alternative perspective, one that draws from critical theory, to widen the research agenda of the study of humanitarian governance. Specifically, the essay raises six central questions: What kind of world is being imagined and produced? What accounts for the tremendous growth of humanitarian governance over the last century? Who governs? How is humanitarian governance organized and accomplished? What are the principal techniques of control? By what authority do humanitarians govern and what do they do with that authority? Adapted from the source document.

"Despite the impressive economic growth achieved by the BRICS, as discussed earlier ('Growth factors and policy challenges'), each state in this group is marked by deficiencies in policy performance, some of which are common to all, some of which are country-specific. These deficiencies constitute major challenges to be addressed by these states' governments if they are to yield long-term gains from this economic growth. The questions posed by this study include: What are the prospects for each state of closing the gap on these shortcomings? Which among them are most (or least) likely to steer the course of development in a sustainable manner and implement effective policy change?" (contract)

pt. I Introduction -- 1. Governance: Issues and Frameworks / Helmut K. Anheier and Regina A. List -- pt. II Financial and Fiscal Governance -- 2. Financial and Fiscal Governance: An Introduction / Mark Hallerberg -- 3. Picking Up (and Rearranging) the Pieces: The Politics of Global Financial Governance in the Wake of the Great Recession / Mark S. Copelovitch -- 4. Is European Union Governance Ready to Deal with the Next Financial Crisis? / Lucia Quaglia -- 5. The Fiscal Policy Implications of Balance of Payments Imbalances / Stefanie Walter -- 6. The Political Sources of Crisis Situations / William Roberts Clark and Vincent Arel-Bundock -- pt. III Governance Innovations -- 7. The Contribution of Innovation Research to Understanding Governance Innovation: A Review / Helmut K. Anheier and Mark T. Fliegauf -- 8. Financial Governance Through the Lens of Innovation / Helmut K. Anheier and Mark T. Fliegauf -- pt. IV Governance Indicators -- 9. Governance Indicators: Some Proposals / Piero Stanig and Mark Kayser -- 10. Public---Private Sector Relationships, Capture, and Governance Quality / Klaus J. Brösamle -- 11. Governance Beyond the Nation-state: Estimating Governance Indexes at the Subnational and Transnational Level / Piero Stanig

AbstractManuscript TypeEmpiricalResearch Question/IssueDo firms take advantage of the flexibility of the "comply or explain" corporate governance disclosure regime to adopt governance practices that are best suited to their needs and value‐added to the firms as predicted by economic theories of the firm? Using the Canadian "comply or explain" corporate governance disclosure regime, we construct a board score measure based on the Canadian code's 47 "best practices." We employ a unique approach by positing that the "explain" disclosures indicate higher agency costs of best practice adoption or indicate the ability of the firm to improve its governance practices relative to "best practices" in light of firm specific circumstances.Research Findings/InsightsWe find that our measure is strongly and positively associated with higher firm value and weakly and positively associated with better operational performance. Further, our measure is more strongly associated with both than best practice adoption measures.Theoretical/Academic ImplicationsOur unique measure of governance quality reveals differences in governance efficiency and effectiveness that are consistent with the theorized advantages of "comply or explain" governance disclosure regimes. Further, our results suggest that firms in a "comply or explain" regime are not employing, on average, the discretion permitted by such a regime to avoid improvements to their corporate governance practices.Practitioner/Policy ImplicationsOur results support the proposition that the flexibility of a "comply or explain" governance regime provides tangible financial benefits to shareholders in terms of higher firm value and returns on shareholders' equity investment.