Definitions for Governanceˈgʌv ər nəns
This page provides all possible meanings and translations of the word Governance
administration, governance, governing body, establishment, brass, organization, organisation(noun)
the persons (or committees or departments etc.) who make up a body for the purpose of administering something
"he claims that the present administration is corrupt"; "the governance of an association is responsible to its members"; "he quickly became recognized as a member of the establishment"
government, governing, governance, government activity, administration(noun)
the act of governing; exercising authority
"regulations for the governing of state prisons"; "he had considerable experience of government"
The process, or the power, of governing; government or administration.
The specific system by which a political system is ruled.
The group of people who make up an administrative body.
The state of being governed.
Accountability for consistent, cohesive policies, processes and decision rights.
Origin: From gouvernance.
exercise of authority; control; government; arrangement
Origin: [F. gouvernance.]
Governance is the act of governing. It relates to decisions that define expectations, grant power, or verify performance. It consists of either a separate process or part of decision-making or leadership processes. In modern nation-states, these processes and systems are typically administered by a government. When discussing governance in particular organisations, the quality of governance within the organisation is often compared to a standard of good governance. In the case of a business or of a non-profit organization, governance relates to consistent management, cohesive policies, guidance, processes and decision-rights for a given area of responsibility. For example, managing at a corporate level might involve evolving policies on privacy, on internal investment, and on the use of data. To distinguish the term governance from government: "governance" is what a "governing body" does. It might be a geo-political entity, a corporate entity, a socio-political entity, or any number of different kinds of governing bodies, but governance is the way rules are set and implemented.
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