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"The important thing is how to create a governance structure".
"How do you create a governance structure for what is basically a private sector function?" he asked.
According to the attorney general's statement, A.I.G. will create a governance committee to set new expense management controls and will issue a new guidebook on its expense policy.
How to create a governance structure that is truly independent of bureaucrats in Brussels--unlike the E.U.'s current research funding system--yet accountable and somehow geographically balanced is another unresolved key issue.
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In Iraq, the prime minister, Nouri al-Maliki, created a governance vacuum.
This has created a governance and rule of law vacuum, resulting in a climate of impunity for crimes against humanity to be perpetrated over a quarter of a century.
"In a first concrete step towards implementing that vision, the board [of directors] has created a governance working group composed of former or current heads of international scientific organisations," an HBP press release issued today said.
Instead, authorities accepted a romantic notion that client ownership would create grassroots accountability, but this actually created a governance void.
Looking at the way local initiatives organize, bringing about what we will call situative governance, forces us to engage with the driving forces aiming to create a new governance structure.
And it has placed the Frenchman in the spotlight at a sensitive time for the board and crucial shareholders of EADS, formally European Aeronautic Defense and Space, and its Airbus subsidiary, who have come under pressure from management to create a new governance structure.
Olisa was ousted from ENRC, a Kazakh mining firm and a former member of the FTSE 100, in 2011 and has been aiming to create a corporate governance index for the last two years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com