The Reflection of Good Governance in Sustainable Development Strategies

Developing of Sustainability Balanced Scorecard for the Chemical Industry: Preliminary Evidence from a Case Analysis

“…This not only demonstrated the usefulness of the SBSC in pursuing sustainability strategies and business excellence, but constitutes an important addition to the literature, because practical applications of such tools are greatly lacking (cf. Volkery et al, 2006;Niinimaki & Hassi, 2011;Kardos, 2012). It furthermore highlights the significance of corporate culture in the entire process of developing and implementing of the SBSC, since the introduction of such a system is likely to lead to fundamental changes in the way a company is managed.…”

“…Table 1 The SBSC of TVK's "credible" strategy (based on the company's annual reports) Source: Company"s Annual Reports (cf. Tiszai Vegyi Kombiaat Nyrt., 2008-2012 Among the perceived benefits observed, it is worth noting that the SBSC: (1) facilitated a better understanding of the concept of sustainability, as well as of the efforts being made towards it throughout the company; (2) helped to highlight the areas in which sustainability actions were lacking; (3) helped to clarify how social and environmental issues were being integrated into the company"s decisionmaking processes and activities; and (4) provided a theoretical guideline for the Sustainable Development Department to plan its operational activities on the basis of long-term sustainability and business excellence objectives.…”

“…Its adoption and implementation in one of the largest chemical companies in Hungary is then described, and relevant details on the procedural steps followed and the managerial implications of the sustainability system reported. Kardos (2012Kardos ( , p. 1167 defends that "the concept of sustainable development […] has had a significant and lasting impact on the development agenda in the last decades, from global to local". For companies, this has meant having a strategy, which meets the expectations of both the company"s present and future stakeholders, without making any crucial compromises in terms of skills and capabilities Liming et al, 2008;Kardos, 2012).…”

The Good Governance Levels of Leaders of Local Administrative Organizations in the Phetchabun Province

“…This issue is related to the lowest score in the study's survey: cost effectiveness. In addition, in managing costs, Kardos (2012) suggested that leaders should consider sustainable development in all aspects-economic, social, and environmental-before making a decision.…”

Synchronization Between Act of Governance Administration and Act of Administrative Court to Develop Good Governance

“…[7] Good governance become the popular issue and it happens in the State inspired by Rule of Law or Rechtsstaat, both are accept this globalization issue. Good governance in rule of law have characteristic i.e., legal certainty and justice for people against public policy.…”