Name: James B.

Ginez
Year and Course: BSAB-2B

1. Explain the importance of structure in a governance.

---The purpose of corporate governance is to help build an environment of trust, transparency and
accountability necessary for fostering long-term investment, financial stability and business integrity,
thereby supporting stronger growth and more inclusive societies.
2. What are the factors to consider in the achieving good governance?
--- According to the United Nations, Good Governance is measured by the eight factors of Participation,
Rule of Law, Transparency, Responsiveness, Consensus Oriented, Equity and Inclusiveness, Effectiveness
and Efficiency, and Accountability.
3. Which of these factors is the most important? Why?
--- A number of studies have emphasized that governance has many components, including
accountability, autonomy, role clarity, policy coherence (especially as related to objectives), stakeholder
participation/engagement, professionalism (capacity), and transparency.
4. As one of the constituents in your municipality, how do you promote good
governance?
--- Promoting values for the authority and demonstrating the values of good governance through
upholding high standards of conduct and behaviour. ... Taking informed and transparent decisions which
are subject to effective scrutiny and managing risks.
5. What is your responsibility in your community, if there is any?
--- A community is a group of people with common interests and values. ... Community responsibilities
are an individual's duties or obligations to the community and include cooperation, respect and
participation. The concept goes beyond thinking and acting as individuals to common beliefs about
shared interests and life.