Keyword Analysis & Research: governance definition

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What is governance and why is it important?

Corporate governance is important because it is a system that instills policies and rules for maintaining the cohesiveness of an organization. Corporate governance is meant to hold a company accountable while helping an organization steer clear of financial, legal and ethical pitfalls. Corporate governance is...

What are the definitions of what is governance?

Wiktionary (3.00 / 4 votes)Rate this definition: governance (Noun) The process, or the power, of governing; government or administration. ... governance (Noun) The specific system by which a political system is ruled. ... governance (Noun) The group of people who make up an administrative body. ... governance (Noun) The state of being governed. ... More items...

What makes good governance?

Good Governance is about the processes for making and implementing decisions. It’s not about making ‘correct’ decisions, but about the best possible process for making those decisions. Accountability is a fundamental requirement of good governance.

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