Suchergebnisse

Governance of public corporations in the United States has operated under the agency model with regulatory strengthening since the passage of Sarbanes‐Oxley legislation. With this foundation in place, boards are empowered to utilise their power and influence and can effectively monitor the actions of management, intervening where necessary. In effect, the rules of engagement embodied in the structure and the law guide interactions and empowerment. The governance model of the mutual funds industry, representing over 8 trillion dollars, is often viewed as a mirror of the corporate world, but upon closer analysis is found to have significant structural differences that dilute the authority of directors. The two models are compared and analysed with recommendations made to strengthen the oversight of mutual funds.

Unexpected epidemics, abrupt catastrophic shifts in biophysical systems, and economic crises that cascade across national borders and regions are events that challenge the steering capacity of governance at all political levels. This article seeks to extend the applicability of governance theory by developing hypotheses about how different governance types can be expected to handle processes of change characterized by nonlinear dynamics, threshold effects, cascades, and limited predictability. The first part of the article argues the relevance of a complex adaptive system approach and goes on to review how well governance theory acknowledges the intriguing behavior of complex adaptive systems. In the second part, we develop a typology of governance systems based on their adaptive capacities. Finally, we investigate how combinations of governance systems on different levels buffer or weaken the capacity to govern complex adaptive systems.

Unexpected epidemics, abrupt catastrophic shifts in biophysical systems, and economic crises that cascade across national borders and regions are events that challenge the steering capacity of governance at all political levels. This article seeks to extend the applicability of governance theory by developing hypotheses about how different governance types can be expected to handle processes of change characterized by nonlinear dynamics, threshold effects, cascades, and limited predictability. The first part of the article argues the relevance of a complex adaptive system approach and goes on to review how well governance theory acknowledges the intriguing behavior of complex adaptive systems. In the second part, we develop a typology of governance systems based on their adaptive capacities. Finally, we investigate how combinations of governance systems on different levels buffer or weaken the capacity to govern complex adaptive systems. Adapted from the source document.

The issues of governance which received much focus during the decade of 1990s, has further expanded with the inclusion of "e-governance"- the latter has enhanced service delivery, enlarged participation and made the democracy more inclusive. India is not an exception to e- governance initiatives which is apparent in the Declaration of year 2001 as "Year of E-Governance", earmarking two to three percent of plan budget towards e-governance etc. Crisis of governability, catching up with developed world and current trend towards globalization has made India to implement e-governance.
There is no uniformity in the application of e-governance in different states or provinces in India. Some states still are in the "preliminary stage" others in "catching up" stage. Only ten states have made serious efforts. Its success rates are not uniform- it varies between partial success to complete failure, including the fact that there are criticisms leveled against it for the reasons that it is "urban biased", "one way process" and that it would reduce the importance of bureaucracy, politicians. Despite the weakness one should appreciate the fact that it has reduced the cultural and geographical barriers, shifted the paradigm of "space" and helping in completing the project of incomplete modernity. However what is needed to strengthen e-governance is not only by clubbing Cafeteria and Phase model but also the success stories from other countries.