Meaning & Definition of word "Governance"

Governance

/ˈɡʌvərnəns/

1. The act or process of governing, particularly in terms of decision-making and the exercise of authority.
- Example: Effective governance is essential for the stability and growth of a country.
2. The systems and processes that ensure the overall direction, effectiveness, oversight, and accountability of an organization.
- Example: Corporate governance plays a crucial role in ensuring transparency and ethical behavior in businesses.
3. The manner of governing a state or organization, including the policies and laws that are created.
- Example: The governance of the local community has undergone significant changes following the recent elections.
4. The interaction between the state, citizenry, and various institutions involved in policymaking and implementation.
- Example: Good governance requires participation from all sectors of society to effectively address public issues.

Middle English, from Old French 'governance', based on Latin 'gubernare' meaning to steer or direct.

good governance:

Effective and responsible management of resources and affairs.

corporate governance:

The system by which companies are directed and controlled.

governance framework:

A structure which outlines how decisions are made and implemented.

government:

The governing body of a nation, state, or community.

administration:

The process of organizing and managing people and resources.

leadership:

The action of leading a group of people or an organization.

Meaning: gov

Example Sentence: The gov needs to step in and do something about the crisis.

Meaning: govern

Example Sentence: They think it's easy to govern without any experience.