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- Dictionarygovernance/ˈɡʌvənəns/
noun
- 1. the action or manner of governing a state, organization, etc.: "a more responsive system of governance will be required"
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noun
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All of the processes of governing, whether undertaken by a government, market or network, whether over a family, tribe, formal or informal organization or territory and whether through the laws, norms, power or language of an organized society
Governance is the overall complex system or framework of processes, functions, structures, rules, laws and norms born out of the relationships, interactions, power dynamics and communication within an organized group of individuals which not only sets the boundaries of acceptable conduct and practices of different actors of the group and controls their decision-making processes through the creatio... Wikipedia