The following seven primary elements[1] underpin the core values of good governance:
| (a) |
The Council is unambiguously and collectively accountable for institutional activities, taking all final decisions on matters of fundamental concern within its remit.
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| (b) |
The Council protects institutional reputation by being assured that clear regulations, policies and procedures that adhere to legislative and regulatory requirements are in place, ethical in nature, and followed.
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| (c) |
The Council ensures institutional sustainability by working with the Management to set the institutional mission and strategy. In addition, it needs to be assured that appropriate steps are being taken to deliver these and that there exist effective systems of control and risk management.
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| (d) |
The Council receives assurance that academic governance is effective by working with the Senate.
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| (e) |
The Council works with the Management to be assured that effective control and due diligence take place in relation to institutionally significant external activities.
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| (f) |
The Council must promote equality and diversity throughout the institution, including in relation to its own operation.
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| (g) |
The Council must ensure that governance structures and processes are fit for purpose by making reference to recognized standards of good practice.
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| [1] | Reference: The Higher Education Code of Governance, Committee of University Chairs, United Kingdom |