Monday, 14 June 2021

Ethics In Governance - Accountability and Governance, Ethics in politics, Ethics in regulators, Ethics in executive, Ethics in the legislature, Ethics in permanent executive, Ethics in bureaucracy, Ethics in the political executive

Class 20

Ethics in politics, Ethics in regulators, Ethics in executive, Ethics in legislature, Ethics in permanent executive, Ethics in bureaucracy, Ethics in political executive

Ethics In Governance

Accountability and Ethical Governance

1. Accountability – Answerability

2. Account means to keep count

Examples –

Accountability of minister to Legislature

Accountability of company’s management to Board of Directors

Accountability of Board of Directors to Shareholders

Accountability of Government to Public

Accountability of Employees to head of the organization

Accountability of Students to Teachers

Essential Components –

Hierarchy

Department that fixes responsibility

Independent external body to oversee the functioning and seek explanation about the same

Robust Reward – punishment framework

Ensuring that actions and decisions are transparent so that it is easy to fix responsibility

Example – Banking System

Governance –

Direct the governed to do certain things in a specific way,

Preventing the governed from doing certain things,

Services,

Creation of ecosystem that prompt the governed to exhibit a specific type of conduct

Relationship between Accountability and Ethical Governance

Strengthening of ethical and moral values in governance

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