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Bullion

Keywords

Good governance, Cooperate governance, National development.

Abstract

One of the principal issues in the analysis of development is the extent to which the state and corporate organizations influence it. Prevailing ideas about the links among democracy, good governance and economic growth have come almost full circle over the past three decades. Governance is defined as the good government of society. Good government guides the country along a course leading to the desired goals, in this case development. The paper has focused on the various discussions about the conditions for good governance, which raises questions about the structure and functioning of the state, its relationship to society and its actual and potential role in promoting development. The paper has focused on the various discussions about the conditions for good governance, which raises questions about the structure and functioning of the state, its relationship to society and its actual and potential role in promoting development. The state does not exist in vacuum, it operates within an environment in which people share certain beliefs and' values, compete for some objectives and associate with others and differ in their ideas about power and how it should be exercised. The paper also identify as various definitions of corporate governance. One is the use of political! authority and the exercise of control over a society and the management of its resource for social and economic development. Landell-Mills'and Seregeldin observed that this broad definition encompasses the nature and functioning of the state's institutional and structural arrangements, decision-making processes, policy formulation, implementation capacity, information flows, effectiveness of leadership and the nature of the relationship between rulers and the ruled.

Author Bio

The Author is a staff of University of Abuja.

Publication Title

CBN Bullion

Issue

4

Volume

25

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