Good Governance within CSOs

Non-profit sector plays an essential role in generating political and socio-economic development, which shapes daily life in contemporary global society. Non-profit entities have the capacity to drive innovation and provide humanitarian relief with a diverse range of organizations’ objectives and activities that target local, national and international issues. This sector is an expansive terrain characterized by dynamic relationships between agents of action, the causes they serve and the communities. Being in-between the business and government, the third sector faces a number of regulatory and financial challenges that affect its overall activity and sustainability. However, there are other issues of concern, like good governance within non-profit institutions.
The assured good governance and self-regulation has their positive effect both on CSOs themselves that focuses on the improving their credibility and legitimacy, possibility to structure internal governance processes, discovering new ways to learn and root innovation, and their stakeholders, that includes ensuring the organization concern to take into consideration the needs of its stakeholders regarding planning, project development and operation.

Good Governance within CSOs