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English definition of “governance”

governance

noun [U]
 
 
/ˈɡʌvənənts/
the way in which an organization is managed at the highest level, and the systems for doing this: a company with a reputation for good governancegovernance of sth We have tried to strengthen the position of shareholders in the governance of the corporation. a governance structure/system/model governance costs/practices/reform global/public/political governance →  See also clinical governance , corporate governance
(Definition of governance from the Cambridge Business English Dictionary © Cambridge University Press)
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