Good governance

Good governance is an indeterminate term used in the international development literature to describe how public institutions conduct public affairs and manage public resources. Governance is "the process of decision-making and the process by which decisions are implemented (or not implemented)". The term governance can apply to corporate, international, national, local governance or to the interactions between other sectors of society.

The concept of "good governance" often emerges as a model to compare ineffective economies or political bodies with viable economies and political bodies. The concept centers on the responsibility of governments and governing bodies to meet the needs of the masses as opposed to select groups in society. Because countries often described as "most successful" are Western liberal democratic states, concentrated in Europe and the Americas, good governance standards often measure other state institutions against these states. Aid organizations and the authorities of developed countries often will focus the meaning of "good governance" to a set of requirements that conform to the organization's agenda, making "good governance" imply many different things in many different contexts.

In international affairs, analysis of good governance can look at any of the following relationships:

The varying types of comparisons comprising the analysis of governance in scholastic and practical discussion can cause the meaning of "good governance" to vary greatly from practitioner to practitioner.

In corporate affairs, good governance can be observed in any of the following relationships:

The meaning of good governance in regards to corporate sectors varies between actors. Legislation has been enacted in an attempt to influence good governance in corporate affairs. In the United States, the Sarbanes–Oxley Act of 2002 set up requirements for businesses to follow. Whistleblowing has also been widely used by corporations to expose corruption and fraudulent activity.

Good Governance is argued to be the most important in local governments. It tries to promote more relationships between government and

Good Governance with local government aims to increase civil engagement with more members of the community in order to get the best options that serves the people.

Before there can be scientific experimentation, organizations must be compliant with good governance, meaning that testing must be moral and practical. Many research organizations such as SPICE (Stratospheric Particle Injection for Climate Engineering) a geoengineering research project that was formed in the U.K. was required to go through stages of evaluation before testing could be conducted if they were to be funded by stakeholders. In 2011 SPICE made plans to experiment with solar radiation. The method for this experiment included injecting stratospheric sulfur aerosols into the Earths atmosphere.

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