Governance and behavioural competencies.
Requiring an organisation or an individual to accept responsibility for their actions and omissions, and their consequences.
Structures that enable the related actions in 1. above to be undertaken consistently and effectively.
Willingness to accept personal responsibility for one's actions and omissions, and to explain them.
- Accounting records
- Agency problem
- Audit trail
- Behavioural skills
- Corporate governance
- Corporate social responsibility
- Fiduciary duty
- Goal congruence
- Integrated reporting
- Risk policy
- Self management and accountability
- Social loafing
- Variance analysis
- UK Corporate Governance Code