Purpose: Reinforcing the image of NPOs to promote signs of credibility and transparency towards society is a key research topic to help NPO managers and professionals support the survival of the sector. Accountability in the nonprofit sector is crucial (Brandtner, 2021; Tacon, Walters, & Cornforth, 2017) as a way, on the one hand, to strengthen trust and credibility and, on the other hand, to improve relationships and show transparency in its activities (Costa & Goulart da Silva, 2019). Therefore, it is especially important for NPO managers to implement internal controls or governance and transparency mechanisms and then demonstrate and disclose to stakeholders that the resources are used effectively and are entirely allocated to fulfil their mission. If these ethical initiatives are visible to stakeholders, they may provide added value to NPOs (Urionabarrenechea & Lage, 2019) by creating a more responsible framework that is characterized by increasingly inclusive and transparent organizational practices (Saxton & Guo, 2011). Considering that information disclosure related to NPOs is not regulated, this gap leads to the implementation of voluntary good governance initiatives. This article examines the relevance of information disclosure by NPOs through different good governance initiatives in several countries. Our study aims to cover this gap by seeking a deeper understanding of good governance initiatives for NPOs, given their importance. Methodology: This work is based on a literature review of a selection of papers. This process allow authors to discover prior results, understand the depth and details of the existing knowledge, and identify gaps for further reseach lines (Mohamed Shaffril, Samsuddin, & Abu Samah, 2021). The first phase in a literature review is to define the research question (RQ) that the study aims to answer. The following RQ was determined for this review: what good governance initiatives for NPOs are proposed in the literature?The second phase consists of identifying relevant papers according to the RQ. This step is very important. If the selected papers are irrelevant or inappropriate, the contribution of the whole process will be missing (Sangwa & Sangwan, 2018). Two key aspects must be established in advance at this step (Denyer & Tranfield, 2009; Tranfield, Denyer, & Smart, 2003): databases and search terms. Scopus and WoS were used to conduct the literature analysis. These are the largest databases used for searching the literature in different scientific fields (Guz & Rushchitsky, 2009; Joshi, 2016). The choice of search terms was based on keyword selection. The third phase consists of establishing the inclusion and exclusion criteria for the search. Below, we describe the 3 criteria for including a paper in our final sample. (1) The search was limited to “articles” as a type of document written in the English language published until 2021, inclusive, whose titles, abstracts or keywords (TAK) met the search criteria. (2) The publications were selected from Web of Science (WoS) and Scopus. In addition, articles must be published in journals with impact indexes, specifically the Journal Citation Report (JCR) (2020 version). In the JCR index, journals are ranked and comprise the most prestigious literature (Alegre & Moleskis, 2021). According to the aforementioned criteria, the authors revised journals in the fields of the nonprofit sector, third sector, voluntary sector or ethics. The reviewed journals (alphabetically ordered) that meet these criteria are “Business Ethics, the Environment and Responsibility19”, “Journal of Business Ethics”, “Nonprofit and Voluntary Sector Quarterly”, “Nonprofit Management & Leadership”, and “VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations”. This filtering process returned 647 papers featured in top-ranking journals. Limiting the analysed journals to those that specifically focus on the nonprofit field is an exclusion criterion that has been previously applied (see, for example, Cornforth, 2012; Garkisch, Heidingsfelder, & Beckmann, 2017; Maier, Meyer, & Steinbereithner, 2016). (3) The following criteria were used to evaluate the articles: First, titles, abstracts and keywords (TAK) were read to identify papers that were relevant according to the RQ previously described. Second, the authors read the entirety of these articles to gain a broader appreciation of the field of study and proceeded by selecting the studies that focused on good governance initiatives to help NPOs be accountable to their stakeholders. Results: In total, 25 papers about good governance initiatives were collected from topranking journals to comprise the basis of this study. Following a literature review, the self-regulation instruments NPOs currently use for achieving accountability to increase credibility towards society are identified and analysed. The results suggest that the sector uses self-regulation to show stakeholders its governance practices. Self-initiatives targeting continuous improvement distinguish NPOs that learn from their mistakes and their successes. However, there is disparity in their use and geographical distribution. Originality: This study provides an original analysis of 26 initiatives from 23 institutions in 18 countries worldwide. Practical Implications: Finally, this research presents a guide for managers to improve the services provided and the effectiveness of resource use. These good governance initiatives recognize the good work done by organizations managed with transparency and accountability. [ABSTRACT FROM AUTHOR]