Allowing directors to meet without management is a simple, yet highly
effective governance mechanism.
Business professors Mai Iskandar - Datta from Wayne State University in Detroit and Yonghong Jia at Governors State University in Chicago recently concluded in a joint paper that «a clawback provision in executive compensation contracts is
an effective governance mechanism» and that «shareholders of adopting firms experience statistically significant positive stock - valuation consequences.»
After Wells Fargo forced two senior executives to pay back $ 75 million in compensation, other companies are rethinking clawback clauses — which experts say are
effective governance mechanism.
To develop the capacity of communities to design and implement
effective governance mechanisms and enjoy development opportunities, the Commission recommends that the Australian Government support the establishment of an «Indigenous Governance Institute» as recommended by the Indigenous Community Governance Project.
The Commission specifically encourages the Government to support the establishment of an «Indigenous Governance Institute» to develop the capacity of communities to design and implement
effective governance mechanisms.
Not exact matches
This can be prohibitively expensive for developing nations and there is no «appropriate and
effective global internet
governance mechanism to resolve it».
The
governance of
mechanisms disbursing funds should be transparent, fair,
effective, efficient and reflect balanced representation.
The course will allow participants to delve deeper into the importance of adequate adaptation planning, and to acquire tools to identify and prioritize adaptation options in agriculture sectors, ensure
effective coordination and
governance for climate change adaptation actions, and explore
mechanisms for funding and safeguarding livelihoods.
Good
governance structures and processes are a key to community - wide economic and social development and require: unified and visionary leadership; strong links between traditional law and
governance structures; internal dispute resolution and
effective group decision making
mechanisms; and options for
governance structures beyond the Prescribed Bodies Corporate (PBCs) required by the Native Title Act.
In the context of native title, this requires that
governance structures must be consistent with the values and needs of traditional owners but also include contemporary
mechanisms like constitutions, separation of powers and other accountability measures to ensure the organisation is
effective.
Good
governance structures have a number of important features, including good leadership, clear decision making processes, support from the people they represent,
effective dispute resolution
mechanisms, accountability both to the internal group and external parties, and separation between decision makers and those who benefit from decisions.
With regard to maximising the
mechanisms available at the domestic level to develop
effective policy and law, the Office of the High Commissioner for Human Rights highlights four key
governance themes: