law

1. Why is it important to have an economically and financially honest
government and government persons?
According to Google Good Governance is a concept that has recently come into
regular use in political science, public administration, and more particularly, development
management. It appears alongside such concepts and terms as democracy, civil society, popular
participation, human rights, and social and sustainable development. In the last decade, it has
been closely associated with public sector reform. Good governance can also be viewed as a
component of the development process. Whatever definitional format it takes, practitioners
generally agree that Good Governance should, among other things, be participatory, transparent,
and accountable. This provides a framework within which political, social, and economic
priorities are based on broad consensus in society, and the voices of the poorest and most
vulnerable are heard in resource allocation decision-making processes.
By continuously fostering good governance, an organization can build a strong future.
steering towards a vision and ensuring that day-to-day management is always aligned keeping up
with the organization's goals Governance is, at its core, about leadership. An effective board will
improve the organization's financial and operational outcomes. social, and ensure that the assets
and funds of the owners are used appropriately. Poor Governance can put organizations at risk of
commercial, financial, and legal failure. problems for directors/trustees or cause an organization
to lose sight of its mission and objectives its obligations to its owners and those who benefit from
its success. Even though provides the necessary responsibilities and practices to ensure benefit
realization, resource optimization, and risk reduction while ensuring an organization's
compliance with local laws and regulations and providing value to stakeholders. In addition, We
can get something when disaster strikes or we can't go into debt and we will not be to take
advantage of others.
As you can see in we need this for a better future even as a people or even a whole
country. No one is greedy, no one is arrogant, and above all people are equally poor or rich. We
will all lift together and overcome any trials we face map financially or economically.