Executive Accountability
Executive accountability refers to the responsibility of senior leaders, such as CEOs and executives, to ensure that their actions align with the goals and values of an organization. This concept emphasizes transparency and ethical decision-making, requiring executives to be answerable for their performance and the outcomes of their decisions.
In practice, executive accountability involves regular reporting to stakeholders, including board members, employees, and the public. It ensures that leaders are held responsible for their actions, fostering trust and confidence in the organization. This accountability can be enforced through performance evaluations, audits, and compliance with regulations.