What is good governance?

To reach up for the ideal structure can be applied and reached in both your company and your life as well .

There is No one model fit all. In other words, you can only talk about best practices of corporate governance. Good governance in certain country depends on several factors. These may include the structure of business sectors, property rights, ownership concentration, and type of ownership.... etc. 

Good governance is all about the values, culture, systems, rules, policies, strategies and approach of an organization / country to achieve its goals in the most effective manner.