GOOD

GOVERNANCE GROUP 1
ABRATIGUIN, SHANE MARIE
DELOS REYES, ANGELOU J.
GUINTO, SHRINE MIRRIAM G.
MARU, John PAUL S.
VERDEJO, MARY ROSE B.
WHAT IS

GOVERNAN
CE
Governance is the process by which corporations
establish their rules and policies and implement and
monitor them. Good governance has various essential
characteristics and can mean different things to
different people. Groups and individuals that hold
positions of power must have a sense of accountability
and a means of carrying out checks and balances if
they want to govern successfully.

In a business landscape, good corporate

governance is the watchword. Regarding
corporations, good governance typically leads them
to achieve their goals in a way that also meets ethical
and regulatory expectations and best practices.
 WHAT IS

CORPORATE
GOVERNANCE
Corporate governance is the system of
rules, practices, and processes by which a firm is
directed and controlled, it essentially involves
balancing the interests of a company’s many
stakeholders, such as shareholders, senior
management executives, customers, suppliers,
financiers, the government, and the community.
WHAT IS
GOOD
GOVERNANCE
UNESCAP (the UN’s Economic and Social
Commission for Asia and the Pacific) summarizes
good governance as “participatory, consensus
oriented, accountable, transparent, responsive,
effective and efficient, equitable and inclusive and
follows the rule of law.”
As a result, good governance:
 Minimizes the potential for corruption
 Increases inclusion and the ability to benefit from
diverse thinking
 Reacts to the needs of society, both now and in the
future
WHAT IS
GOOD
GOVERNANCE
The Good Governance Institute believes that “Good
governance is not about ownership, it is about
stewardship” – that is, it’s about taking responsibility for
an organization’s environments, social, governance and
related principles, like corporate social responsibility for
a set time, then handing on that organization to your
successors in better shape than you inherited it.
 A COMMITMENT TO GOOD CORPORATE
D GOVERNANCE MEANS:
 Embedding diversity and inclusion from the top of the
organization
 Putting in place a governance framework that covers all the
characteristics of good governance to ensure you capture
every aspect of the task
 Demanding good board practices
 As in other areas of business, the role of the board of
directors is a central one when it comes to ensuring your
approach embraces all elements of good governance.
ELEMENTS OF GOOD
GOVERNANCE
Participation – good governance requires that civil society
can participate by both man and women during the formulation
of development strategies. This aspect of governance is an
essential element in securing commitment and support for
projects and enhancing the quality of their implementation.
Participation needs to be informed and organized. This means
freedom of association and expression and an organized civil
society should go hand in hand.
ELEMENTS OF GOOD
GOVERNANCE
Consensus Oriented – Governance depends on the consensus
of people in society to make t good. It could fulfill the interest of the
people as well as the community. It helped to achieve the long-term
perspective of human development.
Transparency – Transparency in government is an important
precondition for good governance, and those decisions taken, and
their enforcement are done in a manner that follows rules and
regulations. Transparency ensures that enough information is
provided and that it is provided in easily understandable forms and
media.
ELEMENTS OF GOOD
GOVERNANCE
Responsiveness – Good governance requires the institutions to
serve all stakeholders in each timeframe. There are several actors
and viewpoints and the different interests in society needs mediation.
The best interest of the community should be analyzed and achieved
which requires a broad and long-term perspective on what is needed
and how to achieve the goals of sustainable development.
Equity and Inclusiveness – A society’s wellbeing depends on
ensuring that all men and women have opportunities to improve or
maintain their well-being. This requires all groups, especially the
most vulnerable, should have opportunities to improve or maintain
their standards of life.
ELEMENTS OF GOOD
GOVERNANCE
Effectiveness and Efficiency – Good governance means
processes and institutions produce results that meet needs while
making the best use of resources. The concept of efficiency covers
the sustainable use of natural resources and the protection of the
environment.
Rule of Law – Rule of law supports the demand equity and
fairness and means to be impartial, not corrupt and to protect the
human rights of all. These are the leading criteria becoming
benchmarks one must keep in mind when striving for good
Governance in the decision-making processes.
ELEMENTS OF GOOD
GOVERNANCE
Accountability – It is a key requirement of good
governance. Both public and private sector and civil society
organizations must be accountable to the public and to
their institutional stakeholders. An organization or an
institution is accountable to those who will be affected by its
decisions or actions. Accountability can be enforced only
with transparency and the rule of law.
EXAMPLES OF GOOD
GOVERNANCE
BANTAY
Bantay Bata 163 is a social
BATA 163 welfare program of ABS-CBN
Lingkod Kapamilya Foundation
(formerly ABS-CBN Foundation).
Launched in 1997, it aims to protect
disadvantaged and at-risk children
through a nationwide network of
social services
EXAMPLES OF GOOD
GOVERNANCE
BANTAY BATA 163 HAPPY FEET
PROGRAM
EXAMPLES OF GOOD
GOVERNANCE
BANTAY
BANTAY BATA 163
EDUKASYON
SCHOLARSHIP
PROGRAM
 EXAMPLES OF GOOD
GOVERNANCE
SM INVESTMENTS
CORPORATION
SM Investments Corporation has
been awarded the title of ‘Hall of
Famer’ for the category of Corporate
Governance by the Asia Responsible
Enterprise Awards 2022 (AREA).
 CEE EXAMPLES OF GOOD
GOVERNANCE
SM D
FOUNDAT
SM INVESTMENTS
CORPORATION
ION
 CORPORATE SOCIAL
CEE
RESPONSIBILITY
DIFFERENCE OF CORPORATE
D
SOCIAL RESPONSIBILITY
 It also happens to have been abided by some rules from the
corporate governance set of rules

 An expression of the commitment a corporate has with the

society/environment in which it exist

 CSR disclosure can be used as a device by companies to

communicate accountability by showing their future vision
and account for the past performance.
 CEE
FIVE DIMENSION OF
D
CORPORATE SOCIAL
ENVIRONMENTAL DIMENSION
RESPONSIBILITY
The natural environment and
“sustainability” of business
practice.
 CEE
FIVE DIMENSION OF
D
CORPORATE
SOCIAL DIMENSION
SOCIAL
RESPONSIBILITY
The relationship between
business and society in
general.
 CEE
FIVE DIMENSION OF
D
CORPORATE SOCIAL
ECONOMIC DIMENSION
RESPONSIBILITY
Socio – economic or financial as-
pects, including describing CSR in
terms of it’s impact on
business operation.
 CEE
FIVE DIMENSION OF
D
CORPORATE SOCIAL
STAKEHOLDER DIMENSION
RESPONSIBILITY
Considering all stakeholders or
stakeholder groups.
 CEE
FIVE DIMENSION OF
D
CORPORATE SOCIAL
VOLUNTARINESS DIMENSION
RESPONSIBILITY
Actions not prescribe by law.
Doing more than you have to
WHAT IS GOOD
GOVERNANCE FOR YOUR
THI
GROUP?

NK
BEFOR
E YOU
PRO
WHAT IS GOOD
GOVERNANCE FOR YOUR
Good governance is about the process of
GROUP?
making and implementing decision. It's not
about making the right choice; it's about using
the best process to make those choices that are
good for the country and beneficial to society.
THA
FOR LISTENING!

NK
YOU