Current Situation of Corporate Governance (Rational Management) In Jordan

Abstract

This article aims to describe the situation of corporate governance act in Jordan within the international principles of corporate governance. The subject of governance received limited attention, especially at the local level, while most attempts have focused in the past on the private sector, in order to encourage governance act policies and procedures must be developed to stimulate positive behavior consistent with the ethics and values of integrity of the institution of government that are drawn policies and procedures. This should lead to encourage the staff and public sector officials to exercise behavior commensurate with the ethics and values of the public sector. Moreover it is important and necessary to achieve access to behavior consistent with the values of morality and integrity. The results reveal that there is a lack of governance practice due to social and culture of governance. The study recommended developing and enforcing clear lines of accountability and the responsibility of people to upload their work and motivate them to perform properly. This is considered as a code of rules and behavior which is an important tool in career that promotes the values of integrity.