Responsibility Mapping: How its implementation can contribute to better governance
Journal
Accountancy Cyprus
Date Issued
September 2018
Author(s)
Abstract
Governance describes the elements
of organizational control
and accountability that
are necessary for the good
management of any organization,
private or public. The
processes that are involved
in Corporate Governance
(CG) also play a key role in
controlling corruption by
promoting ethical behaviour
and enhancing competence.
In addition, the effective
implementation of a good
governance system decreases
the risk of fraud by encouraging
a work environment
that is not conducive for
such behaviour. Governance
enables better monitoring
and control of management
and accountability of the
board, which sets the tone at
the top.
of organizational control
and accountability that
are necessary for the good
management of any organization,
private or public. The
processes that are involved
in Corporate Governance
(CG) also play a key role in
controlling corruption by
promoting ethical behaviour
and enhancing competence.
In addition, the effective
implementation of a good
governance system decreases
the risk of fraud by encouraging
a work environment
that is not conducive for
such behaviour. Governance
enables better monitoring
and control of management
and accountability of the
board, which sets the tone at
the top.