Business

Musk aims to ease concerns in address to Twitter workers

In an unusual move for what's been an unusual takeover bid for Twitter by the world's richest man, Tesla CEO Elon Musk met virtually with the social platform's employees Thursday, even though his $44 billion offer has not ...

Business

Amazon says it prevented 4 billion bad listings in 2021

Amazon, which has been under increasing pressure to tackle counterfeit products, said in its second-annual report that it prevented 4 billion bad listings from making it onto its site and got rid of more than 3 million phony ...

Business

Musk threatens to walk away from Twitter deal

Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts.

Business

Google's Russian subsidiary to file for bankruptcy

The Russian subsidiary of US tech giant Google said Thursday it will file for bankruptcy after authorities seized its bank account following a series of spats with Moscow.

page 33 from 40

Accountability

Accountability is the concept in ethics and governance with several meanings. It is often used synonymously with such concepts as responsibility, answerability, blameworthiness, liability, and other terms associated with the expectation of account-giving. As an aspect of governance, it has been central to discussions related to problems in the public sector, nonprofit and private (corporate) worlds. In leadership roles, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences.

As a term related to governance, accountability has been difficult to define. It is frequently described as an account-giving relationship between individuals, e.g. "A is accountable to B when A is obliged to inform B about A’s (past or future) actions and decisions, to justify them, and to suffer punishment in the case of eventual misconduct". Accountability cannot exist without proper accounting practices; in other words, an absence of accounting means an absence of accountability.

This text uses material from Wikipedia, licensed under CC BY-SA