(Centro de Estudios en Protección Social y Economia de la Salud - PROESA, 2017-03-01) Benavides Franco, Julián
Governability is a concept applied to different levels and has different implications depending on the type of organization analyzed. Governability of the health sector implies control organisms, accountability procedures and the organizational structure of the firms that belongs to the system. Traditionally Corporate Governance deals with the relationships between stockholder and administrators, and the ways that stockholders assure a return on their investment. Both the business community and regulatory bodies have produced principles of good government aiming to be applied broadly, with the purpose of increasing confidence of stockholders and promote the investment environment. It is usual to assume that the objective of corporate government is to maximize the value of stockholders, but different types of organizations and ownership consider stockholders or interests groups in their maximization objectives.
