Good Corporate GovernanceGood Corporate GovernanceGood Corporate Governance
Bali International Consulting GroupNew Economy, Alternative Technologies and Sustainable DevelopmentNew Economy, Alternative Technologies and Sustainable Development
Bali Consultings

Bali International Consulting Group Good Corporate Governance

International Business Link
International Business Link

Indonesia Business Link
Indonesia Business Link

Bali Business Link
Bali Business Link

First Indonesian OS since 2006
First Indonesian OS since 2006

Business in Development Challenge
Business in Development Challenge

BICG joined REEEP
BICG joined REEEP

CSR Directory
CSR Directory

GREEN PAGES
GREEN PAGES

Bali Consulting Services

Good Governance

Good Governance

Good governance has 8 major characteristics. It is participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows the rule of law. It assures that corruption is minimized, the views of minorities are taken into account and that the voices of the most vulnerable in society are heard in decision-making. It is also responsive to the present and future needs of society.

  1. Participation
    Participation by both men and women is a key cornerstone of good governance. Participation could be either direct or through legitimate intermediate institutions or representatives. It is important to point out that representative democracy does not necessarily mean that the concerns of the most vulnerable in society would be taken into consideration in decision making. Participation needs to be informed and organized. This means freedom of association and expression on the one hand and an organized civil society on the other hand.

  2. Rule of law
    Good governance requires fair legal frameworks that are enforced impartially. It also requires full protection of human rights, particularly those of minorities. Impartial enforcement of laws requires an independent judiciary and an impartial and incorruptible police force.

  3. Transparency
    Transparency means that decisions taken and their enforcement are done in a manner that follows rules and regulations. It also means that information is freely available and directly accessible to those who will be affected by such decisions and their enforcement. It also means that enough information is provided and that it is provided in easily understandable forms and media.

  4. Responsiveness
    Good governance requires that institutions and processes try to serve all stakeholders within a reasonable timeframe.
    Good Governance

  5. Consensus oriented
    There are several actors and as many view points in a given society. Good governance requires mediation of the different interests in society to reach a broad consensus in society on what is in the best interest of the whole community and how this can be achieved. It also requires a broad and long-term perspective on what is needed for sustainable human development and how to achieve the goals of such development. This can only result from an understanding of the historical, cultural and social contexts of a given society or community.

  6. Equity and inclusiveness
    A society's well being depends on ensuring that all its members feel that they have a stake in it and do not feel excluded from the mainstream of society. This requires all groups, but particularly the most vulnerable, have opportunities to improve or maintain their well being.

  7. Effectiveness and efficiency
    Good governance means that processes and institutions produce results that meet the needs of society while making the best use of resources at their disposal. The concept of efficiency in the context of good governance also covers the sustainable use of natural resources and the protection of the environment.

  8. Accountability
    Accountability is a key requirement of good governance. Not only governmental institutions but also the private sector and civil society organizations must be accountable to the public and to their institutional stakeholders. Who is accountable to whom varies depending on whether decisions or actions taken are internal or external to an organization or institution. In general an organization or an institution is accountable to those who will be affected by its decisions or actions. Accountability cannot be enforced without transparency and the rule of law.

 

CONCLUSION

From the above discussion it should be clear that good governance is an ideal which is difficult to achieve in its totality. Very few countries and societies have come close to achieving good governance in its totality. However, to ensure sustainable human development, actions must be taken to work towards this ideal with the aim of making it a reality.

Good Corporate Governance

Summary

To be successful, the Governing Committee/Board of a corporation must run the corporation properly and effectively with the help of management and staff. BICG is developing ways to help corporations run effectively. This help depends on the goals of the corporation, its size and other issues. As part of this help, BICG examines corporations from time to time, to ensure they are run properly and to provide help if needed.

Bali International Consulting Group and Good Corporate Governance

Bali International Consulting Group strives to implement good corporate governance in all its activities and to assist all stakeholders in Bali and Indonesia towards good governance and good corporate governance.

We see the concept of good governance as the ideal a society can aim for, and therefore apply its principles in all our activities, projects and networking community.

 

BICG News
BICG News

BICG Technology
BICG Technology

BICG Business Opportunities
BICG Business Opportunities

BICG Project Design Documents
BICG Project Design Documents

BICG Tenders & Career Opportunities
BICG Tenders & Career Opportunities

BICG Networking Platform

back to the top of the page
EXPERTISE
|   Sustainable Development  |  SME Development  |  Clean Development Mechanism - CDM  |  Good Corporate Governance  |  Corporate Social Responsibility - CSR  |  Social Responsible Investment - SRI  |  Renewable Energy  | 
SERVICES
Due Diligence  |  Research  |  Representation and Liaison  |  Marketing and PR  |  Training  |  Outsourcing  |  Consulting  | 
HOME    EXPERTS    PROJECTS    PARTNERS    RESOURCES    INTERNSHIP    CONTACT    LINK EXCHANGE
 
 
Bali International Consulting Group
New Economy, Alternative Technologies and Sustainable Development
c/o Little Tree
Sunset Road 112X, Kuta, Bali - Indonesia
Phone. +62 361 752 133     Fax. +62 361 751 944
Email: info@bicg.org
Skype: bicg01




Supporting Partner of Bedo
Supporting Partner of Bedo

Plant a Tree Today
Supporting Partner Global B2B Europe
Supporting Partner Global B2B Europe
Supporting Partner of Vetiver Indonesia
Supporting Partner of Vetiver Indonesia
Supporter of Bali Creative Community
Supporter of Bali Creative Community