ABSTRACT
This chapter discusses governance as a matter of accountability, with feedback taking place as processes of rendering accounts to particular constituencies, relying on certain explicit standards and tacit norms to do so. It describes the extent to which a corporation's involvement in a governance network leads to a widening of the scope of stakeholders to whom a corporation needs to render accounts. There are substantive challenges to defining the hybridized accountability regimes of governance network as the aggregate of discrete accountability types. Much of an organization's response is determined by its mechanisms of corporate governance. The 2002 Sarbanes-Oxley Act has impacted nonprofits by focusing federal attention on nonprofit governance issues, shedding particular light on the role of nonprofit boards in carrying out their critical, fiduciary responsibilities. Citizens play a critical role in the governance of governments in democratic societies by actively selecting their representatives and possessing the capacity to directly interface with government.
