"Good governance" implies that mechanisms function in a way that allows the executives (the "agents") to respect the rights and interests of the stakeholders (the "principals"), in a spirit of democracy.
公平治理意味着机制以这样的方式运行，允许执行者（“代理”）以民主的精神尊重利益相关者（“负责人”）的权利和利益。