Skip to content

CS Professional · CSR and Social Governance · Contribution of Non-Corporate Entities in Social Governance

Asha Foundation, an NGO in Pune, wants to be seen as accountable by donors and beneficiaries alike. Its trustees propose publishing audited accounts, annual activity reports and its governance policies on its website. Which governance principle is chiefly being strengthened?

Publishing audited accounts, activity reports and policies strengthens transparency and accountability to stakeholders. Open disclosure lets donors, beneficiaries and regulators judge how funds are used, which is a core social governance principle for NGOs, unlike shareholder return or founder-centred control.

  1. ATransparency and accountability to stakeholdersCorrect
  2. BMaximisation of shareholder returns
  3. CExemption from all statutory filings
  4. DCentralisation of power in the founder

Explanation

Publishing audited accounts, activity reports and policies is a disclosure practice that makes the NGO answerable to donors and beneficiaries. Shareholder return is irrelevant to a non-profit, and disclosure does not remove filing duties or centralise power.

Did you get it right without looking?

One question tells you little. A timed set on Contribution of Non-Corporate Entities in Social Governance shows your real accuracy, how long you take and where you lose marks.

Practise Contribution of Non-Corporate Entities in Social GovernanceFree diagnostic mock

More Contribution of Non-Corporate Entities in Social Governance questions