Transparency and Governance
Many nations struggle with the issue of transparency, particularly the third world nations. This has been seen as one of the chief causes of poverty in the nations and also a contributor to bad governance. However, the bad governance is also seen to be recipe for lack of transparency, the two are inter-connected in such a manner that they are both cause and effect of each other. Transparency involves the long-term institutionalization of open and understandable procedures, rules guiding the procedures and understandable information. It means that official business is carried out in a way that the substantive and procedural information is made available to the society and understood by them, with the few exceptions to protect the security and privacy of a government (Johnston M., n.d:Pp2). It is only when these tenets are followed that the governance can be said to be transparent.
On the other hand, good governance can be defined as the legitimate, accountable and most effective ways of acquiring power as well as resources with the ultimate aim of implementing the widely accepted social goals. The key attributes of good governance are outlined as transparency, responsibility, accountability, participation and responsiveness to the needs of...
The criteria established by the EITI for control of revenues and payments are follows: Regular publication of all material oil, gas and mining payments by companies to governments ("payments") and all material revenues received by governments from oil, gas and mining companies ("revenues") to a wide audience in a publicly accessible, comprehensive and comprehensible manner. Where such audits do not already exist, payments and revenues are the subject of a credible,
governance is an important component of each and every IT project implementation process. Project governance refers to the infrastructure as well as processes that are put in place by a given organization in order to be used for steering the functions as well as mechanisms for assuring compliance. In this paper, we present an elaborate governance structure that will oversee the entire System Development Life Cycle process of an
Security Metrics Governance of Information Security: Why Metrics Do Not Necessarily Improve Security The objective of this study is to examine the concept that the use of various Metrics has tended to improve security however, Metrics alone may not necessarily improve security. This study will focus on two well-known metrics. The work of Barabanov, Kowalski and Yngstrom (2011) states that the greatest driver for information security development in the majority of organizations
Corporate governance, IT Governance and Information Security Governance IS 8310 Governance, Risk Management and Compliance Governance is the process of empowering leaders to implement rules that are enforceable and amendable. For comprehensive understanding of the term' governance' it is essential to identify the leaders and the set of rules, and various positions that leaders govern. Corporate governance, IT Governance and Information Security Governance embraces a linkage with certain acquiescence system while
Clearly, he companies engaged in this practice were operating with direct intention, and a roper governance system would have made this obvious and prevented it. Software Spying In another telecommunications case, a company was found to have included spyware in a company-sponsored "software upgrade" to users' cell phones, that enabled the company to collect confidential information from users' phones without their consent (Khaleej Times, 2009). Not only is this practice clearly
Corporate Governance Sustainability During the last several years, the issue of corporate governance has been increasingly brought to the forefront. This is because the financial crisis exposed the weaknesses of the current system by: failing to protect the interests of stakeholders. In response to these challenges, various reports have been reexamined. One of the most notable is the King Report of 2002. It identified several different criteria that can be used
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