Governance and Charity

Running head: GOVERNANCE AND CHARITY
Governance and Charity
Name of the Student
Name of the University
Author Note

1GOVERNANCE AND CHARITY
Table of Contents
Introduction......................................................................................................................................2
Article 1: Governance for Good......................................................................................................2
Recommendations provided in the article.......................................................................................3
Critique of the Article......................................................................................................................4
Article 2: The Governance of Not-For-Profit Firms........................................................................4
Recommendations provided in the article.......................................................................................5
Critique of the Article......................................................................................................................5
Similarities and differences in the articles.......................................................................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................7

2GOVERNANCE AND CHARITY
Introduction
The economic inter dependency among the various nation states of the world have led to the
evolution of a complex system of capitalism (Kyriacou, Muinelo‐Gallo and Roca‐Sagalés 2015).
Earlier, the private players of a concerned country had the freedom to engage in any activity of
their choice. This proved to be immensely beneficial to them as their main objective was the
generation of more profit. As a result, they exploited the various resources of the Earth to the
extent that it started to be a burden on the human society and on the environment of the Earth.
This, in turn necessitated the private organizations to take some responsibility for their actions
(Patterson et al. 2017). Their activities had adverse consequences on the society in terms of
harming the poor people. As a consequence, the concept of charity organizations arose. Charity
organizations include all those businesses whose main objective is to provide some amount of
relief to the people who cannot provide themselves. The organization of such charity institutions
is important as they have to fulfill an entirely self less objective but the main vision of the
organization is also important. This essay seeks to analyze the institutions of such charity
organizations in the context of two articles such as “Governance for Good” written by the
Government of Australia and “The Governance of Not-For-Profit Firms” written by Glaesar
(2002). This essay seeks to analyze two articles and critically analyze them on the basis of the
main arguments as put forward by them.
Article 1: Governance for Good
The Government of Australia wrote an article entitled “Governance for good”. This
article discusses about the importance of the concept of ‘governance’ and the institution of the
charity organizations (Governance for good: The ACNC’s guide for charity board members,