Good governance is making sure that an institution is doing the right thing, in the right way, at the right time, for the right reasons.
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It starts with principles, structures, and processes that ensure an institution is not only legally compliant but also ethically and sustainably run.
It should be inclusive, transparent and understandable to the community it serves and moreover it should be focused and enabling- both purposeful and not bureaucratic.
Public interest governance principles
As a registered Higher Education provider, Goldsmiths’ is required to follow the public interest governance principles. These principles underpin the College’s governance structure and direct the
- Academic Freedom: Academic staff at an English higher education provider have freedom within the law
- Accountability: The provider operates openly, honestly, accountably and with integrity and demonstrates the values appropriate to be recognised as an English higher education provider
- Student Engagement: The governing body ensures that all students have opportunities to engage with the governance of the provider and that this allows for a range of perspectives to have influence
- Academic Governance: The governing body receives and tests assurance that academic governance is adequate and effective through explicit protocols with the senate/academic board
- Risk Management: The provider operates comprehensive corporate risk management and control arrangements (including for academic risk) to ensure the sustainability of the provider’s operations, and its ability to continue to comply with all of its conditions of registration with the Office for Students (Higher Education Regulator)
- Value for Money: The governing body ensures that there are adequate and effective arrangements in place to provide transparency about value for money for all students and taxpayers
- Freedom of Speech: The governing body takes such steps as are reasonably practicable to ensure that freedom of speech within the law is secured within the College
- Governing Body: The size, composition, diversity, skills mix, and terms of office of the governing body is appropriate for the nature, scale and complexity of the College
- Fit and Proper: Members of the governing body, those with senior management responsibilities, and individuals exercising control or significant influence over the provider, are fit and proper persons