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Recent empirical research confirms that companies with demanding governance standards achieve higher market valuations. Due to the complexity of specific corporate governance matters, there is a rising need for a systematic and quantitative evaluation approach for corporate governance. In Germany, a Corporate Governance Scorecard has been developed that fulfils the key goals defined by analysts and investors. It has a standardised format, can be applied efficiently, is available at no cost and enables self‐assessments by companies as well as sector‐specific comparisons. The German Scorecard has not only found good reception at the national financial community, but has also been adapted around the world, especially in emerging countries.

Recent efforts to reform the international financial architecture have focused attention on the way in which decision-making occurs within an increasingly globalised structure of financial governance. I explore an important development within this structure: the emergence of what may be identified as a global financial public sphere. This article considers the formation & foundation of the global financial public sphere, & discusses its relationship to the globalised structure of financial governance. The argument of the paper is that a strengthened public sphere is both an increasingly significant attribute of financial governance & a welcome development, but one that is not yet fully consolidated. 68 References. Adapted from the source document.

Recent efforts to reform the international financial architecture have focused attention on the way in which decision-making occurs within an increasingly globalised structure of financial governance. I explore an important development within this structure: the emergence of what may be identified as a global financial public sphere. This article considers the formation and foundation of the global financial public sphere, and discusses its relationship to the globalised structure of financial governance. The argument of the paper is that a strengthened public sphere is both an increasingly significant attribute of financial governance and a welcome development, but one that is not yet fully consolidated.

The paper explores a framework for analysing governance towards sustainabledevelopment. Departing from the thesis about a possible positive role forcorporate action, it refers to recent theorizing about both market and governmentfailures. Discussing externalities, public goods, information and adaptationdeficits, as well as bureaucracies' self-interest, corruption and capture of theregulator, the paper stresses the importance of governance aiming at synergiesbetween corporate and political governance. Concerning framework conditions, itoutlines principles of regulated self-regulation. Following the thesis about apositive role, the paper adds recent insights about theories of the knowledge-basedfirm, which help to analyse market evolution. In this context, it outlines theconcept of responsible corporate governance. Because governance involvesactors in their daily operations and certainly goes beyond setting a frame, thepaper finally discusses innovation-inducing regulation, serving complementaryfunctions to a framework and business operations. The conclusion is drawn thatgovernments' main function is to facilitate learning processes, thus departing fromstates' function as known from welfare economics. Thus, governance will have tobe explored as collective learning, involving business, governments, and civilsocieties' actors. ; Der Beitrag entwickelt einen Analyserahmen für einige Steuerungsfragen, die füreine zukunftsfähige Entwicklung relevant sind. Im Mittelpunkt steht die Suchenach Strategien zur Aktivierung von Unternehmen, Märkten und Zivilgesellschaft.Zunächst werden Theorien des Markt- und Staatsversagens analysiert; in beidenBereichen erlaubt der Stand der Forschung eine Überwindung der Gegenüber-stellung (hier der Markt, dort der Staat) und eine Hinwendung zu komplexerenGovernance-Strukturen. Derartige Governance-Strukturen werden im Beitrag ent-wickelt. Das Papier erläutert das Anliegen einer regulierten Selbstregulierung. Esanalysiert neuere Unternehmens- und Marktprozesstheorien und stellt Prinzipeneiner verantwortlichen Unternehmensführung vor. Im letzten Abschnitt geht esauf verbleibende Politikspielräume ein, die unter den Stichworten Aktivierungvon Innovationen und responsive Regulierung diskutiert werden. Die Schluss-folgerung lautet, dass Politik zunehmend als kollektiver Lernprozess analysiertwerden muss, in dem Anreize für die dezentrale Wissensgenerierung durchprivate Akteure zu entwickeln sind. Funktionen des Staates, wie sie etwa noch inder Wohlfahrtsökonomie formuliert werden, werden dadurch zugunstenevolutorischer Ansätze relativiert.

Today, although governance is important for every country, it is of great importance in solving economic and social problems especially in developing countries. Many studies in the literature reveal that the understanding of governance affects the economic performance of countries positively. In this context, it is possible to evaluate countries comparatively by considering the effects of their governance quality on national economies. In this study, it is aimed to emphasize that the countries that are in a good position in terms of governance indicators are generally more successful in sustainable economic growth and development, and it has been tried to show that institutional differences are effective on the development gap between countries. In this study, the role of governance on economic growth and development was discussed and comparisons were made between Turkey and G7 countries based on the governance indicators in The Worldwide Governance Indicators (WGI) of the World Bank and economic performance data obtained from the World Bank. Governance indicators and macroeconomic data obtained from the World Bank are tabulated and the current situation of Turkey and G7 countries is interpreted. Significant differences were observed in the comparisons made. G7 countries have high scoring governance indicators that can produce positive economic results. On the other hand, Turkey's economic and governance indicators lag behind the averages of developed countries. ; Günümüzde yönetişim herülke için önemli olmakla birlikte özellikle gelişmekte olan ülkelerde yaşanan ekonomik ve sosyal sorunların çözümünde büyük önem arz etmektedir. Literatürde birçok çalışma yönetişim anlayışının ülkelerin ekonomik performansını olumlu yönde etkilediğini ortaya koymaktadır. Bu bağlamda ülkeleri yönetişim kalitelerinin ülke ekonomileri üzerinde yarattığı etkileri ile ele alarak karşılaştırmalı olarak değerlendirmek mümkün olabilmektedir. Bu çalışmada yönetişim göstergeleri açısından iyi konumda olan ülkelerin, sürdürülebilir bir ekonomik büyüme ve gelişme konusunda genellikle daha başarılı olduğu vurgulanmak istenmiştir ve ülkeler arası gelişmişlik farkı üzerinde kurumsal farklılıkların etkili olduğu gösterilmeye çalışılmıştır. Çalışmada yönetişimin ekonomik büyüme ve gelişme üzerindeki rolü ele alınmış olup Türkiye ile G7 ülkeleri arasında Dünya Bankası'nın The Worldwide Governance Indicators'da (WGI) yer alan yönetişim göstergelerine ve Dünya Bankası'ndan elde edilmiş ekonomik performans verilerine dayanarak karşılaştırmalar yapılmıştır. Dünya Bankasından elde edilen yönetişim göstergeleri ve makroekonomik veriler tablolaştırılarak Türkiye ve G7 ülkelerinin mevcut durumu yorumlanmıştır. Yapılan karşılaştırmalarda önemli farklılıklar olduğu gözlemlenmiştir. G7 ülkeleri olumlu ekonomik sonuçlar doğurabilen yüksek puanlı yönetişim göstergelerine sahiptirler. Türkiye'nin ise hem ekonomik hem de yönetişim göstergeleri gelişmiş ülkelerin ortalamalarının gerisinde kalmaktadır.

The purpose of this study explains the principle of piercing the governance veil can support the realization of good governance and clean governance in order to prevent the misuse of corruption. The research method is a normative legal method with a statutory approach), concepts and cases. The results of this study can be explained that the principle of piercing the governance veil supports the realization of good governance and clean governance in order to prevent abuse of the power of the authorities (governors / regents / mayors) so as to prevent unlawful acts carried out by the executive as the holder of the people's mandate. The governance veil principle can limit or prevent illegal actions carried out by the government and its staff for personal gain or enrich oneself and its cronies. The conclusion of this study is that due to the legal principles of the governance veil, it can lead to KKN and the occurrence of abuse of authority, resulting in state losses, then criminal penalties based on Law No. 20 of 2001 concerning criminal acts of corruption.

1. Introduction: A Relational Approach to Governing Wicked Problems -- Part I A Relational Definition of Wicked Problems -- 2. Aren't All Problems Wicked? Addressing the Constructive and Destructive Critiques of the Concept of Wicked Problems -- 3. From Categorical Distinctions of Policy Problems to a Relational Approach to Wicked Problems -- 4. From Governance Failure to Failure Governance: A Relational Approach to Governing Wicked Problems -- Part II The History of the Present of the Theories of the Policy Process: From Self-Action to Trans-Action -- 5. A Genealogy of Self-Active Governance in Policy Theories -- 6. Problematizing Theoretical Understandings of Problems: From Self-actionalist to Inter-actionalist Approaches in Policy Sciences -- 7. The (Re)turn to the Political: Deepening the Grasp of Contingency in the Theories of the Policy Process -- 8. Speaking Truth to Power? The (Political) Constitution of Knowledge and Rationality in Policy-Making and Governance -- 9. From De-Problematized Expert Knowledge to Politics of Critical Dialogue: Towards Process-Relational Policy Theories -- Part III Theory and Practice of Failure Governance and Governance Failure -- 10. A Theory of Governance as Problematization and De-problematization -- 11. The Whole-of-Nation-Failure-Governance: Taiwan's Politics of Problematization of COVID-19 -- 12. Making America Do Their "Own Research" Again? Trump's Politics of De-problematization of COVID-19 -- 13. Germany's Road from Failure Governance to Governance Failure -- Part IV Concluding Remarks -- 14. In Place of Conclusions: Failing Better or Waiting for Godot in a Clumsy World of Wicked Problems?.

Data-driven new digital technologies can partially or fully replace the human agency in policymaking and governance. So far, the impact of these technologies on the human agency in public governance and the role of public servants has not been explored fully. The 'New Digital Era Governance' aims to fill this gap by bringing together expertise from public management, public policy, digital governance, information management, and ICT law. A central topic in the book is to explore how public administration can implement big data solutions in public governance processes that use the full potential of data processing technologies, such as AI and blockchain technologies, without undermining the role of human agency in decision-making processes and the legitimacy of democratic and regulatory institutions. The readers will find practical guidelines and insight on how to implement these new technologies into public service processes by drawing on the empirical findings from the Belgian case