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Accountability is a 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.

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oil, corruption, congress, senate, politics, bankruptcy, corporations, capitalism, socialism, united states

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