African Union Good Corporate The way an organization takes responsibility for the impact of its activities on the Citizenship (includes environment, consumers, employees, communities, stakeholders and all other members of corporate social the public by the deliberate inclusion of public interest into corporate decision-making, and responsibility) the honouring of a triple bottom line: People, Planet, Profit. Government tendering The set of arrangements through which the government procures goods and services from system independent suppliers (normally through a competitive bidding process) Government-linked A corporate entity that may be private or public or listed on a stock exchange where company (GLC) government owns a stake (<50%) Implementation Implementation is where a State carries out or executes his or her obligation under a treaty. Implementation gives practical effect to a treaty in order to ensure that desired outcomes are realized. Incorporated Entity An organization that has been registered according to national procedures by a notary, at the Companies Registry, Register of Commerce or equivalent. Independent Members Individuals who have no link to the organization other than being a member of the Board. of the Board Countries have adopted specific definitions of what makes a member of the Board „independent of character and judgment‟. Informal Sector Economic activity that is neither taxed nor monitored by a government, and is not included in that government's Gross National Product. It has been suggested that within many African countries more than 50% of the labour force is employed in the informal sector. See the suggested definition in the questionnaire Insider Trading Trading in the shares of a company by an individual who has knowledge of undisclosed „price sensitive information‟ that comes from an inside source. Internal and external Unanticipated events originating within or without the country that adversely effect the economic shocks economy ix

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