Category | Good Governance

The Failure of Good Governance: How it led to the Financial Crisis

The concept of good governance has typically been used in development economics as a way to describe the system of aid-recipient countries – developing economies. The recent economic crisis has brought this concept into light in developed economies where governance, both public and private, has been assumed to be sound. Euphemistically put, the unfolding of [...]

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Corporate Responsibility in the Age of Irresponsibility:

a symbiotic relationship between csr and the financial crisis? Trying to understand the future impact of the financial turmoil of the last few months on the many institutions and actors on the global stage, is a daunting yet fascinating process. The analysis forces us to take a step back and view whatever it is that [...]

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Pak-Governance: Parallel Tracks

The term “good governance” has increasingly been used to describe the regulatory interventionist regime necessary to support free markets in order to reduce, minimize and dampen suboptimal market outcomes due to constraints present in the real world. The concept was also adopted by development literature whereby it was argued that better institutions (that is, better [...]

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Victims and Winners: CSR and the Financial Crisis

Is the crisis the result of irresponsible banking, financial markets, corporations, executives or capitalism itself? And how will the impact vary, depending on whether CSR is philanthropic, strategic, embedded or revolutionary? This article examines the scale of the financial crisis, the links to CSR and the likely impact on CSR. The Scale of The Crisis [...]

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